AI Chip Reseller Raises $50 Million in Financing Led By Kleiner Perkins

Kleiner Perkins is leading a funding round in Together, a startup that capitalizes on artificial intelligence startups’ voracious need for specialized semiconductors. The equity financing of at least $50 million would value the one-year-old company at more than $300 million before the investment, according to people with knowledge of the deal.

The deal speaks to the continued demand for AI server chips, designed by Nvidia, to develop and run large language models that underpin products such as ChatGPT and GitHub …

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