AI funding news, and more Cinematic AI. : Together AI Raises $106M in Salesforce-led round. Nvidia-backed Together AI said on Wednesday it has raised $106 million in a new funding round, doubling its valuation since last fall. The company offers a platform to easily develop with and deploy open-source models and productionize them in enterprise-grade applications. Other investors include Coatue Management and existing investors such as Lux Capital and Emergence Capital. China is racing to catch up wth the west in AI, and will stop at nothing it seems, to gain any ... [+] advantage.