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OpenAI competitor Inflection AI has raised $ 1.30 billion in funding, with Microsoft and other major Nvidia investors participating.

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Update time : 2023-07-04 12:09:44
        On June 30, according to foreign media reports, driven by the fire of ChatGPT, an artificial intelligence chatbot trained by OpenAI, companies in the field of artificial intelligence are also favored by capital markets, and many artificial intelligence companies have raised funds.
 
 
        The latest news shows that artificial intelligence startup Inflection AI, which is considered a competitor of OpenAI, has completed a round of financing of $1.30 billion.
        Inflection AI announced on its official website Thursday that it has raised $1.30 billion. Their funding round was led by Microsoft, LinkedIn co-founder Reid Hoffman, Microsoft co-founder Bill Gates, Google 's former CEO Eric Schmidt led the investment, and Nvidia also participated in this funding round. After completing a new round of funding, Inflection AI has raised $1.525 billion since its inception.
        Inflection AI's first round of funding was conducted in early 2022. Microsoft, Red Hoffman, Bill Gates, Eric Schmidt and Greylock, Mike Schroepfer, Demis Hassabis, Will.i. am, Victoria Harbour Investment and Dragoneer invested a total of $225 million in Inflection AI. According to the news announced by Inflection AI on its official website, they have raised more than $1.50 billion, and they have not been established for a long time.
        Headquartered in Palo Alto, California, Inflection AI was founded in early 2022 by Mustafa Suleyman, Karén Simonyan and Reid Hoffman to create personal AI that everyone in the world can use.

 
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