Inflection, a startup focused on creating personal AI assistants, has raised a hefty $1.3B funding round led by Microsoft, Bill Gates, LinkedIn co-founder Reid Hoffman, former Google CEO Eric Schmidt, and new investor Nvidia. The Palo Alto-based company is now valued at $4B. The startup was co-founded in 2022 by Hoffman, DeepMind co-founder Mustafa Suleyman, and former DeepMind researcher Karén Simonyan. It's now raised a total of $1.525B. - The funds will be used to further develop Inflection's first product, an AI-powered assistant called Pi.
- According to Inflection, Pi stands for "personal intelligence," offering a more supportive, personal experience than other AI models.
- Inflection recently revealed the large language model powering Pi. Called Inflection-1, it's comparable in size and capabilities to ChatGPT's GPT-3.5 and can perform well on middle- and high-school-level exams.
- Pi can be accessed through multiple platforms, including the web (heypi.com), a phone app (initially available for iOS), WhatsApp, SMS messages, Facebook messages, and Instagram DMs.
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