Together AI Leverages NVIDIA-Powered GPUs as It Eyes $7.5B Valuation in New Round

Company Overview - NVIDIA Corporation (NASDAQ:NVDA) is recognized as a leading company in the design of graphics processing units (GPUs) and computing platforms utilized across gaming, data centers, artificial intelligence, and autonomous systems [5] Financial Performance - NVIDIA reported exceptional financial results for the fourth quarter ending January 25, 2026, with quarterly sales reaching $68.1 billion, marking a 20% increase from the previous quarter and a 73% increase year-over-year [3] - The total revenue for fiscal year 2026 was $215.9 billion, reflecting a 65% annual growth [3] - The company's profitability remained strong, with quarterly gross margins around 75% on both GAAP and non-GAAP bases [4] - Earnings per diluted share were reported at $1.76 under GAAP and $1.62 under non-GAAP for the quarter, with annual diluted EPS of $4.90 GAAP and $4.77 non-GAAP [4] Market Activity - Together AI, a cloud infrastructure startup utilizing NVIDIA's chips, is in discussions for a new financing round potentially worth $1 billion, which would value the company at approximately $7.5 billion before the investment [2] - If the financing deal is completed, Together AI's valuation would more than double compared to the previous year, indicating strong investor interest in infrastructure providers that support the rapid growth of AI workloads [2]