Inflection AI, a Palo Alto, CA-based company building a large AI cluster comprising 22,000 NVIDIA H100 Tensor Core GPUs, raised $1.3 billion in funding.
The round, which brings the total raised by the company to $1.525 billion, was led by Microsoft, Reid Hoffman, Bill Gates, Eric Schmidt, and new investor NVIDIA.
The company intends to use the funds to continue to build and design its first product, launched in May.
Founded in early 2022 by Mustafa Suleyman, Karén Simonyan, and Reid Hoffman, Inflection AI is an ‘AI Studio’ specializing in creating personal AIs. In just over a year, Inflection AI has developed a sophisticated large language model to enable people to interact with Pi, a Personal AI (pi.ai), in a natural way and receive fast, relevant and helpful information and advice. A new class of AI, Pi is designed to be a kind and supportive companion offering text and voice conversations, advice, and concise information in a flowing style.
Previously, Inflection AI raised $225 million in a first round of funding in early 2022 from Greylock, Microsoft, Reid Hoffman, Bill Gates, Eric Schmidt, Mike Schroepfer, Demis Hassabis, Will.i.am, Horizons Ventures, and Dragoneer.
FinSMEs
30/06/2023