Inflection AI, a startup led by DeepMind co-founder Mustafa Suleyman that released its Pi chatbot in May 2023, raised $1.3B, a source says at a $4B valuation
Forbes Alex Konrad
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Discussion
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@mustafasuleymn
Mustafa Suleyman
on x
Excited to announce that we've raised $1.3B to build one of the largest clusters in the world and turbocharge the creation of Pi, your personal AI. https://www.forbes.com/...
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@ericschmidt
Eric Schmidt
on x
Incredible achievement by @InflectionAI - In less than a year, they've developed one of the most sophisticated LLMs and launched Pi, the first personal AI product w/ a high EQ. https://www.forbes.com/...
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@dan_jeffries1
Daniel Jeffries
on x
“Once fully operational, Inflection's new cluster will run 22,000 H100s. Inflection believes that to be the largest GPU cluster for AI in the world. Inflection estimated it would trail only Frontier, the supercomputer by the Oak Ridge National Lab.” https://www.forbes.com/...
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@nic__carter
@nic__carter
on x
AI making the crypto bubble look like child's play the amount of cash that is being splashed in AI - amidst a virtual seize in venture financing, still closed IPO window, sustained high rates - is absolutely blowing my mind https://www.forbes.com/...
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@alexrkonrad
Alex Konrad
on x
News: year-old startup Inflection AI has raised $1.3B in funding led by Microsoft, Nvidia, Reid Hoffman, Bill Gates and Eric Schmidt. The funding comes within 2 months of the launch of Inflection's chatbot Pi and values it at $4B, a source tells @Forbes. https://www.forbes.com/..…
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@mhbergen
Mark Bergen
on x
Reid Hoffman personally invested in ...the AI company he co-founded? https://www.forbes.com/...
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@trace_cohen
Trace Cohen
on x
“Investment” I assume 20-30% is Azure/Microsoft credits + Nvidia hardware/tech. So basically sweat equity and cash that goes right back to them Also the founder is “VP @ Greylock | Past: VP AI, Google & Co-founder, DeepMind” so this is 100% outlier, not close to any norms https:/…
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@saranormous
@saranormous
on x
Congrats @mustafasuleymn and team @inflectionAI on the next step of the journey towards personal AI: 22,000 H100s & a long term war chest! Privilege to be an investor from the start ❤️ https://twitter.com/...
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@alexrkonrad
Alex Konrad
on x
In the LLM arms race, @inflectionAI CEO @mustafasuleymn told me: “There is ‘small is beautiful.’” But models are getting bigger faster than computing costs are dropping — so Inflection will keep fundraising at an “accelerated” pace moving forward 👀 https://www.forbes.com/... [ima…
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@alexrkonrad
Alex Konrad
on x
Inflection CEO @mustafasuleymn told me that Pi is “the tip of the iceberg,” built on one of his startup's smaller models. The chatbot is seeing “huge engagement” in the month-plus since launch, he added, but declined to provide specific user numbers. https://www.forbes.com/...
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@tomaxwell
Thomas Maxwell
on x
Not concerning at all https://twitter.com/...
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@alex
@alex
on x
we JUST got done with people saying ‘damn we put too much capital to work too fast’ and then AI dropped onto the scene and we're back to ‘have to play the game on the field’ https://twitter.com/...
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@alexrkonrad
Alex Konrad
on x
The $1.3B funding for @inflectionAI included cash equivalents, @mustafasuleymn told @Forbes, without IP transfers or commercial restrictions. It's the fourth biggest raise for an AI startup ever, excluding multiple rounds raised by the same companies. https://www.forbes.com/... […