Together AI reportedly raising ~$1B at $7.5B pre-money, with annualized revenue hitting ~$1B
xeophon · x · 2026-09-21
The Information reports Together AI is in talks to raise roughly $1B at a $7.5B pre-money valuation, up from $3.3B in 2025, with annualized revenue reaching $1B — up more than 3x from mid-2025.
Commenters flagged a timeline wrinkle: an official July 1 press release already announced an $800M Series C at an $8.3B post-money valuation (led by Aramco Ventures, with NVIDIA, General Catalyst and others), and the ARR figures cited for open-model providers are stale Q1 numbers — Together's token volume has grown over 10x since, so its actual revenue may be far higher.
More from Venture
- King Slide: from cabinet handles to $43B AI supply chain winner, up 3,000% in 4 years — CatAstro_Piyush · 2026-09-22
- What happens to Amazon's ad business when AI agents do the comparison shopping? — firstadopter · 2026-09-22
- AMD Officially Crosses $1 Trillion Market Cap Milestone — Beth_Kindig · 2026-09-22
- Investor: humanoid robots' real TAM is retail, hospitality and schools — not the hype — MatthewChang · 2026-09-22
- SoftBank to acquire Marc Raibert's Robotics and AI Institute from Hyundai — lukas_m_ziegler · 2026-09-22
- Vercel at $500M+ Run-Rate With 130% Growth Ahead of Summit Fireside Chat — GavinSBaker · 2026-09-22