Nvidia-backed Together AI said on Thursday it has raised $305 million in its latest funding round, which more than doubled the artificial-intelligence startup's valuation from last year.

Startup Together AI, which provides users access to artificial intelligence computing, has raised $305 million from investors in deal led by General Catalyst, bringing the valuation of the company to $3.

AI startup Anthropic is seeking $3.5 billion in a funding round that would value it at $61.5 billion, two sources familiar with the matter told Reuters on Monday.

Together AI, a developer of a cloud platform to allow developers to build on open and custom artificial intelligence models, raised a $305 million funding round led by General Catalyst and Saudi Arabia's Prosperity7 Ventures.

Investment firm General Catalyst has launched the EU AI Champions Initiative, aimed at progressing Europe's AI growth via technology, industry and capital. Speaking to Bloomberg's Tom Mackenzie, managing director of the global VC firm General Catalyst,

The realm of artificial intelligence, long a source of imaginative tales, has transitioned into a robust and evolving discipline. It's emerging as a major catalyst for societal transformation.

Together AI — an AI cloud platform that enables companies to train and deploy artificial intelligence models — has raised $305 million in Series B funding in a round led by General Catalyst, more than doubling its valuation to $3.

Codeium, an AI-powered coding startup, is raising a new round of funding at a $2.85 billion valuation, including fresh capital, according to two sources

Eudia, an artificial intelligence startup for in-house corporate legal teams, launched Thursday with $105 million in early-stage funding to bring the power of AI agents to the legal industry.

The Paris AI summit addressed AI policies, global partnerships, and major investments, shaping the industry’s direction for years ahead.

(Reuters) - Nvidia-backed Together AI said on Thursday it has raised ... The round, led by venture capital firm General Catalyst, valued the San Francisco, California-based company at $3.3 billion.