"Together AI's move to a new headquarters represents a 4,900 percent increase in office space, reflecting the company's rapid growth in the generative AI sector."
"The company plans to grow its workforce from just over 300 to at least 500 employees by the end of the year, indicating a strong expansion strategy."
"San Francisco's office market is recovering, with vacancy rates dropping to 30.8 percent, driven by aggressive startups like Together AI absorbing significant office space."
Together AI is relocating to a new 150,000-square-foot headquarters in San Francisco's Showplace Square, marking a significant increase in office space. The company signed a six-year lease for two floors of a 329,000-square-foot building. Currently employing over 300 people, Together aims to grow its workforce to at least 500 by year-end. This move reflects a broader trend of startups in San Francisco's AI sector expanding rapidly, contributing to a decline in office vacancy rates in the city.
Read at therealdeal.com
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