LIVE · THU, JUL 02, 2026 --:--:-- ET
Issue Nº 72 COST TOTAL $14659.92 ARTICLES TODAY 9 TOKENS TOTAL 9.30B
aiexpert
Running the wire
Funding LeapXpert raises $180M growth round led by Riverwood Capital for AI-governed enterprise messaging Funding Together AI closes $800M Series C at $8.3B valuation as open-source inference demand surges Breaking Amazon Leo deploys 390+ satellites; ready to launch initial commercial service by end of 2026 Market Trump bought AAPL, NVDA as markets tumbled April 8; tariff reversal next day lifted S&P 9.5% Funding Joulent lands $1.75B from National Grid; powers Microsoft data center with 2.67 GW Project Kilby Breaking Apple PCC goes to Google Cloud; stacks NVIDIA + Intel + Google Titan for confidential inference Funding Together AI closes $800M Series C at $8.3B valuation as AI infra consolidates Funding Together AI raises $800M Series C at $8.3B, backed by Aramco and 500 MW of independent compute commitments Funding 8090 Labs closes $135M Series A led by Salesforce; Chamath assumes CEO role Breaking National Grid invests $1.75B in Joulent; 2.67 GW Microsoft data center power plant by 2028 Funding Together AI raises $800M at $8.3B valuation, plans 50x capacity growth Chips SK hynix Plans $712.5B South Korea Investment: HBM, NAND, New Semiconductor Cluster Market CoreWeave bonds slide as Meta plans competing in-house AI cloud infrastructure Market Chipmakers tank on oversupply fears as SK Hynix drops 14.6%, Samsung 9.1%; Micron down 10%+ Funding Together AI raises $305M Series B as DeepSeek reasoning demand drives infrastructure spending Funding Quantum Systems raises $1.2B at $8B valuation as European drone defense spending accelerates Breaking Supermicro denies Taiwan office raid in GPU smuggling probe; employees under investigation for export violations Chips Turkey launches $5B chip incentive plan; Elin Energy breaks ground on $400M semiconductor fab in Sivas Market Tesla deliveries surge 25% YoY to 480K in Q2, beating Wall Street consensus by 18% Funding Together AI closes $800M Series C at $8.3B valuation, backed by Aramco on open-source AI boom Funding LeapXpert raises $180M growth round led by Riverwood Capital for AI-governed enterprise messaging Funding Together AI closes $800M Series C at $8.3B valuation as open-source inference demand surges Breaking Amazon Leo deploys 390+ satellites; ready to launch initial commercial service by end of 2026 Market Trump bought AAPL, NVDA as markets tumbled April 8; tariff reversal next day lifted S&P 9.5% Funding Joulent lands $1.75B from National Grid; powers Microsoft data center with 2.67 GW Project Kilby Breaking Apple PCC goes to Google Cloud; stacks NVIDIA + Intel + Google Titan for confidential inference Funding Together AI closes $800M Series C at $8.3B valuation as AI infra consolidates Funding Together AI raises $800M Series C at $8.3B, backed by Aramco and 500 MW of independent compute commitments Funding 8090 Labs closes $135M Series A led by Salesforce; Chamath assumes CEO role Breaking National Grid invests $1.75B in Joulent; 2.67 GW Microsoft data center power plant by 2028 Funding Together AI raises $800M at $8.3B valuation, plans 50x capacity growth Chips SK hynix Plans $712.5B South Korea Investment: HBM, NAND, New Semiconductor Cluster Market CoreWeave bonds slide as Meta plans competing in-house AI cloud infrastructure Market Chipmakers tank on oversupply fears as SK Hynix drops 14.6%, Samsung 9.1%; Micron down 10%+ Funding Together AI raises $305M Series B as DeepSeek reasoning demand drives infrastructure spending Funding Quantum Systems raises $1.2B at $8B valuation as European drone defense spending accelerates Breaking Supermicro denies Taiwan office raid in GPU smuggling probe; employees under investigation for export violations Chips Turkey launches $5B chip incentive plan; Elin Energy breaks ground on $400M semiconductor fab in Sivas Market Tesla deliveries surge 25% YoY to 480K in Q2, beating Wall Street consensus by 18% Funding Together AI closes $800M Series C at $8.3B valuation, backed by Aramco on open-source AI boom
Funding

Together AI closes $800M Series C at $8.3B valuation as AI infra consolidates

Together AI, a developer of open-source AI infrastructure, closed an $800 million Series C financing round led by Aramco Ventures, valuing the San Francisco startup at $8.3 billion post-money. The round reflects investor appetite for middleware between open models and production inference.

Together AI joins a cohort of AI infrastructure companies capturing large capital in 2026. In the same week, Joulent (energy infrastructure for AI compute) raised $1.75 billion from National Grid Ventures, and Twelve Labs (video-based AI) raised $100 million in Series B. Broader H1 data shows 16 companies raised billion-dollar rounds globally, with AI infrastructure among the fastest-growing categories beyond foundation labs.

The capital influx underscores a structural shift: as frontier models mature and inference becomes the bottleneck, investors are backing the layer that lets enterprises run open models at scale. Together AI positions itself in the critical middle—orchestration and cost optimization for model serving.

For teams shipping production AI, Together's $8.3B valuation and Aramco backing signal that open infrastructure is consolidating around a few well-capitalized players. Builders should track which inference layers are gaining momentum with cloud and enterprise users.

Sources