Inflection AI, The Year-Old Startup Behind Chatbot Pi, Raises $1.3 Billion

Artificial intelligence startup Inflection AI, led by CEO Mustafa Suleyman, has secured $1.3 billion in funding within two months of launching their chatbot Pi. The investment round was led by Microsoft, Nvidia, and prominent tech figures including Reid Hoffman, Bill Gates, and Eric Schmidt. The funding values Inflection at $4 billion. While details of the deal remain undisclosed, the investment deepens Inflection's ties with Microsoft and Nvidia, who are key partners in the AI race. Inflection plans to use the funds to expand its computing capabilities and further develop Pi. Suleyman aims to raise more funding in the future and "blitz-scale" the company's growth.

‍