Inflection AI, a one-year-old artificial intelligence start-up set up by one of DeepMind’s founders, has raised $1.3bn from Microsoft and Nvidia, among others, as the surge of investor interest around generative AI grows.
Led by chief executive Mustafa Suleyman, the company’s team of 35, hired from DeepMind, Google, OpenAI and Microsoft, launched a chatbot called Pi, adding to the flood of similar products rolled out publicly this year by the likes of OpenAI, Google and Snap.
With Nvidia joining its investment round, the San Francisco-based start-up, co-founded by LinkedIn creator Reid Hoffman, said it has access to 22,000 Nvidia H100 GPUs, the most in-demand resource in the AI industry today, costing $40,000 apiece.
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