Inflection AI Raises $1.3 Billion

<p><strong>PALO ALTO<&sol;strong> &&num;8212&semi; Inflection AI has raised &dollar;1&period;3 billion in a new round of funding led by Microsoft&comma; Reid Hoffman&comma; Bill Gates&comma; Eric Schmidt&comma; and new investor NVIDIA&period; The new funding brings the total raised by the company to &dollar;1&period;525 billion&period;<&sol;p>&NewLine;<p>Along with its partners CoreWeave and NVIDIA&comma; Inflection AI is <a href&equals;"https&colon;&sol;&sol;cts&period;businesswire&period;com&sol;ct&sol;CT&quest;id&equals;smartlink&amp&semi;url&equals;https&percnt;3A&percnt;2F&percnt;2Finflection&period;ai&percnt;2Fnvidia-coreweave-mlperf&amp&semi;esheet&equals;53437379&amp&semi;newsitemid&equals;20230629810313&amp&semi;lan&equals;en-US&amp&semi;anchor&equals;building&amp&semi;index&equals;1&amp&semi;md5&equals;7c7cf340f4143bf519163caabb9eee7b" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener" shape&equals;"rect">building<&sol;a> the largest AI cluster in the world comprising 22&comma;000 NVIDIA H100 Tensor Core GPUs&period; In just over a year&comma; Inflection AI has developed one of the most sophisticated large language models in the market to enable people to interact with Pi&comma; your Personal AI&comma; in the most simple&comma; natural way and receive fast&comma; relevant and helpful information and advice&period;<&sol;p>&NewLine;<p>The funding will support the company’s continued work to build and design Inflection’s first product&comma; launched in May&period; A new class of AI&comma; Pi is designed to be a kind and supportive companion offering text and voice conversations&comma; friendly advice&comma; and concise information in a natural&comma; flowing style&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Personal AI is going to be the most transformational tool of our lifetimes&period; This is truly an inflection point&period; We’re excited to collaborate with NVIDIA&comma; Microsoft&comma; and CoreWeave as well as Eric&comma; Bill and many others to bring this vision to life&comma;” said Mustafa Suleyman&comma; CEO and co-founder of Inflection AI&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;A powerful benefit of the AI revolution is the ability to use natural&comma; conversational language to interact with supercomputers to simplify aspects of our everyday lives&comma;” said Jensen Huang&comma; founder and CEO of NVIDIA&period; &OpenCurlyDoubleQuote;The world-class team at Inflection AI is helping to lead this groundbreaking work&comma; deploying NVIDIA AI technology to develop&comma; train and deploy massive generative AI models that enable amazing personal digital assistants&period;”<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;We’re proud to support Inflection AI as they pursue their vision for more trusted and personal AI experiences&comma;” said Kevin Scott&comma; CTO and EVP AI&comma; Microsoft&period; &OpenCurlyDoubleQuote;It is an exciting time&comma; and ambitious AI companies like Inflection AI are pioneering the industry with transformative products that are accessible&comma; easy to use&comma; and show the many possibilities of AI&period;”<&sol;p>&NewLine;<p>Previously&comma; Inflection AI raised &dollar;225 million in a first round of funding in early 2022 from Greylock&comma; Microsoft&comma; Reid Hoffman&comma; Bill Gates&comma; Eric Schmidt&comma; Mike Schroepfer&comma; Demis Hassabis&comma; Will&period;i&period;am&comma; Horizons Ventures&comma; and Dragoneer&period;<&sol;p>&NewLine;