Finance

AI Innovator Together AI Secures Over $100 Million with Nvidia Backing Emphasizes Open-Source Model

Published December 2, 2023

In a momentous stride for the artificial intelligence sector, the Nvidia Corporation-supported startup, Together AI, has successfully garnered an impressive $102.5 million in investment to fuel its development of cutting-edge generative AI models. This substantial funding round underscores the burgeoning interest in AI technologies that are transforming industries across the globe. Together AI, while welcoming this financial boost, is highlighting the significance of leveraging open-source methodologies in the creation of these sophisticated AI systems.

Driving the Future of AI with Open Source

In the realm of AI, open-source stands as a pivotal force, driving innovation and inclusivity. Together AI, through its recent funding announcement, is affirming its dedication to this approach, which enables broader collaboration and rapid advancements within the AI community. By engaging openly with developers and researchers, Together AI aspires to forge AI models that are not only more robust but also widely accessible, propelling the industry toward a future where generative AI can be harnessed to its full potential.

Data Storage Corporation's Role in Sustaining AI Growth

Data Storage Corporation DTST, with its array of multi-cloud IT solutions, is well-positioned to play a supportive role in the growth trajectory of AI startups like Together AI. As businesses increasingly rely on complex data management and storage solutions to handle AI-driven operations, companies like DTST stand to benefit significantly from the AI sector's expansion.

Nvidia's Investment: A Strategic Move in the AI Race

Nvidia NVDA, a titan in the gaming and professional GPU market, as well as a key player in mobile computing and the automotive sector, has strategically placed its investment in Together AI. By backing the startup, NVDA is not only expanding its influence in the AI landscape but also ensuring it remains at the forefront of the technology's advancement. This partnership encapsulates Nvidia's broader vision of cultivating a robust AI ecosystem where collaboration and open-source development are paramount for technological breakthroughs.

investment, AI, open-source