1. Inflection AI raises $1.3 billion in funding: Microsoft, Reid Hoffman, Bill Gates, Eric Schmidt, and Nvidia lead the funding round, valuing Inflection AI at $4 billion. The capital will support the development of their AI-powered assistant, Pi.
2. Introduction of Pi, the AI-powered assistant: Inflection AI launched Pi, an AI assistant designed to provide personalized knowledge and support. Pi aims to be a friendly companion offering advice and information in a natural and flowing style.
3. Inflection-1 AI model and collaboration with Nvidia: Inflection-1 competes with OpenAI’s GPT-3.5 and Google’s PaLM-540B, performing well in various measures but falling behind in coding tasks. Inflection is working with Nvidia and CoreWeave to build a large AI training cluster.
Supplemental Information ℹ️
Inflection AI, a startup founded by the co-founder of DeepMind, has raised $1.3 billion in funding led by Microsoft, Reid Hoffman, Bill Gates, Eric Schmidt, and Nvidia. The company’s total raised now amounts to $1.525 billion, with a valuation of $4 billion. The funding will support the development of their AI assistant, Pi, which aims to provide personalized assistance and knowledge. Inflection-1, their AI model, competes with other prominent models but falls behind in coding tasks. The company is collaborating with Nvidia and CoreWeave to build a large AI training cluster.
ELI45 💁
Inflection AI, a startup led by former DeepMind co-founder Mustafa Suleyman, has secured $1.3 billion in funding from notable investors like Microsoft, Reid Hoffman, Bill Gates, Eric Schmidt, and Nvidia. This brings their total raised funds to $1.525 billion, and the company is now valued at $4 billion. They plan to use the capital to develop Pi, an AI-powered assistant that aims to offer personalized support and information. Inflection’s AI model, Inflection-1, performs well in various aspects but falls short in coding compared to competing models. To overcome this, they are collaborating with Nvidia and CoreWeave to build a large AI training cluster.
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