05:37 AM EST, 03/06/2026 (MT Newswires) -- Nvidia ( NVDA )-backed (NVDA) Together AI is in discussions to raise approximately $1 billion in funding at a $7.5 billion valuation prior to the investment, The Information reported Thursday, citing two people with knowledge of the matter.

Prosperity7 Ventures, the venture arm of Saudi Aramco, has been in discussions for a sizable investment in Together AI, a cloud provider that rents out Nvidia ( NVDA ) chip servers to AI developers, one of the sources told the news outlet.

Together AI's previous investors include Nvidia ( NVDA ) and General Catalyst, according to the report.

Nvidia ( NVDA ) and Together AI didn't immediately respond to MT Newswires' requests for comment.

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