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Overall Winner: Graphcore·85/ 100

Together AI vs Graphcore

Side-by-side on valuation, funding, investors, founders & more

Comparison updated: April 2026

Together AI is valued at $3.3B — more than 3x Graphcore's $500M.

Head-to-Head Verdict

Graphcore leads on 4 of 5 metrics

Together AI

1 win

+Valuation
-Funding
-Awaira Score
-Team Size
-Experience

Graphcore

4 wins

-Valuation
+Funding
+Awaira Score
+Team Size
+Experience
Together AI logo
Together AI

🇺🇸 United States · Ce Zhang

Series BAI InfrastructureEst. 2022

Valuation

$3.3B

Total Funding

$533.5M

Awaira Score77/100

100 employees

Full Together AI Profile →
Winner
Graphcore logo
Graphcore

🇬🇧 United Kingdom · Nigel Toon

AcquiredAI InfrastructureEst. 2016

Valuation

$500M

Total Funding

$700M

Awaira Score85/100

500-1000 employees

Full Graphcore Profile →
Market Context

Both companies compete in the AI Infrastructure space, though from different geographies — Together AI in United States and Graphcore in United Kingdom. Different stages (Series B vs Acquired) mean these companies face fundamentally different operational priorities.

🔬

Analyst Summary

Built from real data · Updated April 2026

In the AI Infrastructure market, Together AI and Graphcore represent two distinct approaches. Together AI is an AI infrastructure company founded in 2022 that provides cloud-based platforms for training, fine-tuning, and deploying large language models. Graphcore designs the Intelligence Processing Unit, a processor architecture built specifically for machine learning workloads, offering a hardware alternative to NVIDIA GPUs for AI model training and inference.

The valuation disparity is stark: Together AI at $3.3B versus Graphcore at $500M, a 6.6x difference. Together AI has raised $533.5M while Graphcore has raised $700M, keeping their war chests in the same ballpark.

With a 6-year head start, Graphcore (founded 2016) has had considerably more time to mature than Together AI (2022). Growth stages differ: Together AI (Series B) versus Graphcore (Acquired), a distinction that matters for both deal structure and competitive positioning. Headcount tells a story too: Together AI has 100 employees and Graphcore has 500-1000.

Together AI operates out of 🇺🇸 United States while Graphcore is based in 🇬🇧 United Kingdom, giving each a distinct home-market advantage. Awaira rates Graphcore at 85 and Together AI at 77, a gap that reflects differences in capital efficiency and market traction. Under Ce Zhang and Nigel Toon respectively, both companies continue to chart aggressive growth paths.

Key Numbers

Valuation
$3.3B
$500M
Total Funding
$533.5M
$700M
Awaira Score
77/100
85/100
Employees
100
500-1000
Founded
2022
2016
Stage
Series B
Acquired
Together AIGraphcore

Funding Velocity

Together AI

Total Rounds3
Avg. Round Size$62M
Funding Span1.7 yrs

Graphcore

Total Rounds3
Avg. Round Size$207.3M
Funding Span2.1 yrs

Funding History

Together AI has completed 3 funding rounds, while Graphcore has gone through 3. Together AI's most recent round was a Series B of $104M, compared to Graphcore's Series E ($222M). Together AI is at Series B while Graphcore is at Acquired — different points in their growth trajectory.

Team & Scale

Graphcore has the bigger team at roughly 500-1000 people — 5x the size of Together AI's 100. Graphcore has a 6-year head start, founded in 2016 vs Together AI's 2022. Geographically, they're in different markets — Together AI operates out of United States and Graphcore from United Kingdom.

Metrics Comparison

MetricTogether AIGraphcore
💰Valuation
$3.3BWINS
$500M
📈Total Funding
$533.5M
$700MWINS
📅Founded
2022WINS
2016
🚀Stage
Series B
Acquired
👥Employees
100
500-1000
🌍Country
United States
United Kingdom
🏷️Category
AI Infrastructure
AI Infrastructure
Awaira Score
77
85WINS

Key Differences

💰

Valuation gap: Together AI is valued 6.6x higher ($3.3B vs $500M)

📈

Funding gap: Graphcore has raised $166.5M more ($700M vs $533.5M)

📅

Market experience: Graphcore has 6 years more (founded 2016 vs 2022)

🚀

Growth stage: Together AI is at Series B vs Graphcore at Acquired

👥

Team size: Together AI has 100 employees vs Graphcore's 500-1000

🌍

Market base: 🇺🇸 Together AI (United States) vs 🇬🇧 Graphcore (United Kingdom)

⚔️

Direct competitors: Both operate in the AI Infrastructure market segment

Awaira Score: Graphcore scores 85/100 vs Together AI's 77/100

Which Should You Choose?

Use these signals to make the right call

Together AI logo

Choose Together AI if…

  • More established by valuation ($3.3B)
  • United States-based for regional compliance or proximity
  • Together AI is an AI infrastructure company founded in 2022 that provides cloud-based platforms for training, fine-tuning, and deploying large language models
Graphcore logo

Choose Graphcore if…

Top Pick
  • Higher Awaira Score — 85/100 vs 77/100
  • Stronger investor backing — raised $700M
  • More market experience — founded in 2016
  • United Kingdom-based for regional compliance or proximity
  • Graphcore designs the Intelligence Processing Unit, a processor architecture built specifically for machine learning workloads, offering a hardware alternative to NVIDIA GPUs for AI model training and inference

Funding History

Together AI raised $533.5M across 3 rounds. Graphcore raised $700M across 3 rounds.

Together AI

Series B

Sep 2023

$104M

Series A

Jan 2023

$20M

Seed

Jan 2022

Graphcore

Series E

Dec 2020

Lead: Ontario Teachers' Pension Plan

$222M

Series D

Dec 2018

Lead: BMW iVentures

$200M

Series C

Nov 2018

Lead: Sequoia Capital

$200M

Investor Comparison

No shared investors detected between these two companies.

Unique to Together AI

Salesforce VenturesNvidiaKleiner PerkinsLerer HippeauSapphire Ventures

Unique to Graphcore

Ontario Teachers'Baillie GiffordDraper EspritOntario Teachers' Pension PlanBMW iVenturesSamsung

Users Also Compare

FAQ — Together AI vs Graphcore

Is Together AI bigger than Graphcore?
By valuation, Together AI is the larger company at $3.3B versus $500M — a 6.6x difference. Size can also be measured by team: Together AI employs 100 people while Graphcore has 500-1000 employees.
Which company raised more funding — Together AI or Graphcore?
Graphcore has raised more in total funding at $700M, compared to Together AI's $533.5M — a gap of $166.5M. Combined, the two companies have completed 6 known funding rounds.
Which company has a higher Awaira Score?
Graphcore leads with an Awaira Score of 85/100, while Together AI sits at 77/100. That 8-point gap reflects real differences in funding, scale, and traction — it's not a vanity metric.
Who founded Together AI vs Graphcore?
Together AI was founded by Ce Zhang in 2022. Graphcore was founded by Nigel Toon in 2016. Visit each company's profile on Awaira for a full founder biography.
What does Together AI do vs Graphcore?
Together AI: Together AI is an AI infrastructure company founded in 2022 that provides cloud-based platforms for training, fine-tuning, and deploying large language models. The company operates a managed inference service and model hosting platform that enables developers and enterprises to run open-source and proprietary models at scale. Together AI's core offering allows customers to access GPU compute resources specifically optimized for LLM workloads without building infrastructure in-house. The company positions itself in the competitive inference and model deployment segment, competing with services like Replicate, Modal, and cloud providers' native ML offerings. Together AI emphasizes open-source model support and cost-efficient inference through optimized serving techniques. The platform supports popular models including Llama, Mistral, and other community-developed architectures. With $228 million in total funding and a $1.3 billion valuation as of its Series B stage, Together AI has secured substantial capital to expand its infrastructure and product capabilities. The company serves use cases spanning application development, research, and enterprise deployment scenarios. Its growth trajectory reflects increased demand for accessible LLM infrastructure alternatives to proprietary API providers, though the market remains highly competitive with low switching costs and commoditizing pricing dynamics. Together AI addresses the infrastructure gap for organizations seeking open-source LLM deployment alternatives to closed commercial APIs. Graphcore: Graphcore designs the Intelligence Processing Unit, a processor architecture built specifically for machine learning workloads, offering a hardware alternative to NVIDIA GPUs for AI model training and inference. The Bristol-based company developed the IPU around a bulk synchronous parallel computation model that distributes model parameters across thousands of processor cores with local memory, achieving high efficiency for sparse and irregular neural network computations that GPUs handle inefficiently.\n\nThe company raised approximately $700 million across six funding rounds including a Series E that valued it at approximately $2.8 billion, with investors including Sequoia Capital, Microsoft, and Samsung Ventures. Graphcore processors are deployed in research institutions including Oxford, Cambridge, and the Rosalind Franklin Institute, as well as commercial AI platforms. The company has shipped multiple IPU generations including the MK2 IPU and Bow IPU, with the Colossus processor and IPU-POD system providing data centre scale AI compute.\n\nGraphcore competes directly against NVIDIA in the AI accelerator market, alongside AMD, Intel Gaudi, and other AI chip startups including Cerebras, SambaNova, and Groq. The AI accelerator market is projected to exceed $100 billion by 2027, driven by demand for model training compute. Graphcore faces the dominant position of NVIDIA and its CUDA software ecosystem as the primary barrier to adoption, requiring significant software investment to match the maturity of CUDA tooling that researchers and engineers have relied on for over a decade.
Which company was founded first?
Graphcore got there first, launching in 2016 — that's 6 years of extra runway. Together AI didn't arrive until 2022. In AI, that kind of head start means more training data, deeper customer relationships, and a bigger talent moat.
Which company has more employees?
Together AI has about 100 employees; Graphcore has about 500-1000. A bigger team usually means more revenue or heavier VC backing, but in AI, small teams can build at massive scale.
Are Together AI and Graphcore competitors?
Yes — they're direct rivals. Both Together AI and Graphcore compete in AI Infrastructure, targeting many of the same buyers. If you're evaluating one, you should be looking at the other.

Bottom Line

Graphcore edges ahead with an Awaira Score of 85, but Together AI (77) isn't far behind. The gap is narrow enough that it could shift with the next funding round.

Who Should You Watch?

Graphcore has a slight edge on paper, but Together AI isn't far behind. The AI space moves fast — today's underdog can be tomorrow's category leader. Follow both profiles on Awaira to track funding rounds, team changes, and score updates.

Deep Dive