# Announcing Our $800M Series C to Accelerate the Shift to Open-source AI

> **Platform:** [SPIDITS AI](https://spidits.com/) — Real-Time AI News & Market Intelligence  
> **Published:** 2026-08-10T06:23:16.062Z  
> **Category:** FUNDING  
> **Impact Score:** 170/100  
> **Primary Source:** [Together AI Blog](https://www.together.ai/blog/announcing-our-series-c)  
> **Canonical Citation:** [https://spidits.com/timeline/announcing-our-800m-series-c-to-accelerate-the-shift-to-open-source-ai-urceai](https://spidits.com/timeline/announcing-our-800m-series-c-to-accelerate-the-shift-to-open-source-ai-urceai)

## Executive Summary
We raised $800M to accelerate the shift to open-source AI. Here's why the economics of closed models don't scale, and what we're building next.

## Why It Matters (Strategic Analysis)
Crucially, this shifts the paradigm from expensive, closed AI models to open-source, custom AI solutions, empowering companies to deploy AI agents without incurring unsustainable inference costs.

## Referenced Coverage & Sources
- **[Together AI Blog](https://www.together.ai/blog/announcing-our-series-c)**: Announcing our $800M Series C to accelerate the shift to open-source AI — _We raised $800M to accelerate the shift to open-source AI. Here's why the economics of closed models don't scale, and what we're building next._

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*Synthesized by SPIDITS AI Market Intelligence Desk. Track live AI news, model releases, and funding: [https://spidits.com](https://spidits.com)*