Generative AI companies are securing substantial investments, and Together, an open-source generative AI and model development infrastructure startup, recently closed a $102.5 million Series A funding round. Led by Kleiner Perkins and joined by Nvidia and Emergence Capital, the funding will be used to expand Together's cloud platform, offering developers cost-effective access to open and custom AI models.

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The company operates data centers in the U.S. and EU, delivering substantial computing power and consulting services for custom models. Together is also active in open-source AI research, contributing to various projects. Demand for generative AI is soaring, with investments predicted to reach $143 billion by 2027, although it comes with challenges, as seen in cases like Stability AI.