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Home » Inflection AI Secures $1.3B
Inflection-AI-Secures
Fintech

Inflection AI Secures $1.3B

By Bal MarsiusJuly 7, 2023Updated:September 7, 2023No Comments2 Mins Read
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Inflection AI, the promising startup behind the chatbot Pi, has secured an impressive $1.3 billion in funding. The investment round was led by tech giants Microsoft and Nvidia, along with notable investors such as Reid Hoffman, Bill Gates, and Eric Schmidt.

Inflection AI, the promising startup behind the chatbot Pi, has secured an impressive
$1.3 billion in funding. The investment round was led by tech giants Microsoft and
Nvidia, along with notable investors such as Reid Hoffman, Bill Gates, and Eric Schmidt.
This injection of funds has propelled Inflection AI’s valuation to a staggering $4 billion,
firmly establishing the company as a major player in the AI hardware market.
The success of Pi, Inflection AI’s chatbot launched just a few months ago, played a
significant role in attracting such substantial investment. The company was flooded
with offers after Pi’s launch. The support poured in after Inflection demonstrated its
potential to revolutionize human-computer interaction through conversational
interfaces.

Standing on the Shoulder of Giants
Inflection AI has forged strong partnerships with Microsoft and Nvidia, both of which
have been instrumental in driving the company’s advancements in the AI race.
Microsoft, a key investor in OpenAI, serves as Inflection AI’s cloud computing partner,
while Nvidia’s flagship H100 graphics processing unit (GPU) has been crucial in training
large language models like OpenAI’s GPT-3. In fact, Inflection AI’s current H100 cluster,
developed in collaboration with Nvidia and CoreWeave, has already shattered records in
AI model training benchmarks.
Building upon this success, Inflection AI plans to further expand its computing
capabilities and advance the development of Pi. The company aims to create a personal
AI assistant that can assist users with tasks such as planning, scheduling, and
information gathering. Additionally, Inflection AI is working on an API for select partners
to train their own conversational AI models.

Eyeing to Build the Largest GPU
To support its ambitious growth plans, Inflection AI intends to create the largest GPU
cluster for AI applications in the world. With the support of Microsoft and Nvidia, the
company will install thousands of additional H100 GPUs, significantly boosting its
computational power. Inflection AI envisions its cluster of 22,000 H100s as the pinnacle
of AI hardware, surpassing even Meta’s 16,000 GPU cluster.
The substantial funding and strategic partnerships have positioned Inflection AI for
remarkable growth in the AI industry. With its innovative approach to conversational AI
and access to top-tier resources, the company is primed to make significant strides in
shaping the future of human-AI interaction.

Fintech Investment
Bal Marsius

Bal was BTW's copywriter specialising in tech and productivity tools. He has experience working in startups, mid-size tech companies, and non-profits.

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