Inflection AI raises $1.3B in funding led by Microsoft and Nvidia By Cointelegraph

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© Reuters.

On June 29, Palo Alto-based Inflection AI announced the completion of a $1.3 billion raise led by Microsoft (NASDAQ:), Reid Hoffman, Bill Gates, Eric Schmidt and Nvidia (NASDAQ:). The new capital will be partly allocated to building a 22,000-unit Nvidia H100 Tensor GPU cluster, which the company claims is the largest in the world. The GPUs will be used to develop large-scale artificial intelligence models. Developers wrote:

Inflection AI is also developing its own personal adjutant AI system dubbed “Pi.” The firm explained that Pi is “a teacher, coach, confidante, creative partner, and sounding board” that can be accessed directly via social media or WhatsApp. The company’s total funding amount has reached $1.525 billion since its inception in early 2022.