Together Computer Inc., a startup revolutionizing cloud platforms for artificial intelligence (AI) workloads, is making waves in the tech investment world. According to sources, the company is poised to raise over $100 million in fresh funding, with Salesforce Inc.’s venture capital arm leading the way. As a major player in AI investments, Salesforce’s involvement further solidifies Together’s position in the industry.
The funding round is expected to value Together at over $1 billion, double its worth from the previous raise back in November. The company’s previous investors, including Nvidia Corp, have already contributed to its success. However, it’s important to note that the terms of the upcoming funding round may change before the transaction is finalized.
Together’s cloud platform offers a wide range of benefits for AI developers. It provides access to high-end graphics processing units (GPUs) from Nvidia, such as the H100 and A100, which are currently in short supply. This eliminates the need for companies to build their own AI infrastructure from scratch, simplifying the development process.
In addition to hardware, Together offers software features like FlashAttention-2, an open-source performance optimization tool. This tool allows AI models to maximize the usage of SRAM, the fastest type of memory available on GPUs. By reducing reliance on slower memory pools, AI models can significantly increase performance.
Another valuable offering from Together is its proprietary training dataset called RedPajama-Data-v2. With over 100 billion documents written in five languages, this dataset offers extensive resources for AI projects. Together’s platform makes it easy for customers to filter out irrelevant documents, saving valuable time in the process.
Furthermore, Together’s cloud platform is well-suited for AI models in the production phase. It seamlessly integrates with application programming interfaces (APIs), allowing easy access to AI models for various workloads. The platform dynamically scales its capacity based on the volume of API requests, ensuring smooth operation without hiccups.
The upcoming funding round will empower Together to further invest in product development. As the costs of GPUs and auxiliary hardware continue to rise, raising funds will help the company expand its AI infrastructure and keep up with the growing demand for its services.
Together’s journey is not without competition. Lambda Inc., another AI-focused startup, recently closed a $320 million funding round at a $1.5 billion valuation. In the past year, CoreWeave Inc. secured $2.3 billion in debt financing, demonstrating the intense competition in the AI cloud platform market.
As Together Computer Inc. prepares for its funding round, the future looks promising for the company and the AI industry as a whole. With innovative solutions, strategic partnerships, and increased financial backing, Together is set to make significant strides in AI infrastructure development, benefitting businesses and researchers alike.
FAQ Section:
1. What is Together Computer Inc.?
Together Computer Inc. is a startup that is revolutionizing cloud platforms for artificial intelligence (AI) workloads. They provide a cloud platform that offers a range of benefits for AI developers, including access to high-end graphics processing units (GPUs) and software features like performance optimization tools and training datasets.
2. How much funding is Together Computer Inc. expected to raise?
Together Computer Inc. is expected to raise over $100 million in fresh funding in their upcoming funding round.
3. Who is leading the funding round?
Salesforce Inc.’s venture capital arm is leading the funding round for Together Computer Inc.
4. What is the value of Together Computer Inc. after the funding round?
The funding round is expected to value Together Computer Inc. at over $1 billion, double its worth from the previous raise.
5. What are the benefits of Together’s cloud platform for AI developers?
Together’s cloud platform provides access to high-end GPUs, eliminating the need for companies to build their own AI infrastructure. It also offers software features like performance optimization tools and a proprietary training dataset.
6. What is FlashAttention-2?
FlashAttention-2 is an open-source performance optimization tool offered by Together. It allows AI models to maximize the usage of SRAM, the fastest type of memory available on GPUs, thereby increasing performance.
7. What is RedPajama-Data-v2?
RedPajama-Data-v2 is Together’s proprietary training dataset. It contains over 100 billion documents written in five languages and offers extensive resources for AI projects.
8. How does Together’s cloud platform integrate with APIs?
Together’s cloud platform seamlessly integrates with APIs, enabling easy access to AI models for various workloads. It dynamically scales its capacity based on the volume of API requests.
9. Who are Together’s competitors?
Lambda Inc. and CoreWeave Inc. are among Together’s competitors in the AI cloud platform market.
10. How will the funding round benefit Together Computer Inc.?
The funding round will empower Together Computer Inc. to invest further in product development and expand its AI infrastructure to meet the growing demand for its services.
Definitions:
1. GPUs: Graphics Processing Units are specialized processors designed to handle intense computational tasks related to graphics and AI workloads.
2. SRAM: Static Random-Access Memory is a type of memory that offers fast and efficient access to data. It is commonly used in GPUs for optimized performance.
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