Inflection AI, the promising startup behind the AI-powered chatbot Pi, has successfully raised an impressive $1.3 billion, significantly boosting the value of the company to an estimated $4 billion.

This comes hot on the heels of a series of lucrative investments in the AI industry, with tech giants Microsoft and Nvidia backing the deal alongside tech titans like LinkedIn co-founder Reid Hoffman, Microsoft co-founder Bill Gates, and former Google CEO Eric Schmidt.

Notably, Nvidia has emerged as the sole new investor in the group.

Following the launch of their groundbreaking chatbot Pi, Inflection was swamped with offers, leading to this impressive funding round. “There’s so much further to go after [Pi] validates the core thesis, which is that conversation is the new interface,” Inflection AI CEO Mustafa Suleyman remarked in an interview with Forbes. The startup also recently unveiled its first proprietary language model, Inflection-1, which is said to be on par with GPT 3.5, Chinchilla, and PaLM-540B and was trained “using thousands of NVIDIA H100 GPUs on a very large dataset” according to a paper produced by the company.

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Author: Jose Antonio Lanz

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