Microsoft and Nvidia Invest $1.3 Billion in Inflection AI to Develop Safe and Powerful LLMs
Published: 6.28.2023
Inflection AI, a startup founded by Google DeepMind co-founder Mustafa Suleyman and LinkedIn co-founder Reid Hoffman, has raised $1.3 billion in funding led by Microsoft and Nvidia. The investment, which also included participation from Greylock Partners, Bill Gates, and Eric Schmidt, values the one-year-old company at $4 billion.
Inflection AI is developing large language models (LLMs), which are a type of artificial intelligence that can generate text, translate languages, write different kinds of creative content, and answer your questions in an informative way. The company's flagship product is Pi, a chatbot that can hold conversations with users on a variety of topics.
The funding will be used to help Inflection AI scale its operations and develop new LLMs. The company plans to use the funding to build a cluster of around 22,000 H100s, which are Nvidia's most powerful AI processors. This will allow Inflection AI to train even larger and more powerful LLMs.
Inflection AI is one of a number of startups that are developing LLMs. Other notable players in the space include OpenAI, Google AI, and DeepMind. The LLM market is expected to grow rapidly in the coming years, as businesses and consumers increasingly adopt AI-powered applications.
In a statement, Suleyman said that the funding would help Inflection AI "build the next generation of AI that can understand and interact with the world in a more natural way." He further expressed the company's commitment to developing AI that is both safe and responsible, with the ultimate aim of benefiting society as a whole.
The investment in Inflection AI is a sign of the growing interest in LLMs from both investors and businesses. The company's success will depend on its ability to develop LLMs that are both powerful and safe. If it can do so, Inflection AI could become a major player in the AI industry.