AI Startup Inflection Raises $1.3 Billion, Valuing Company at $4 Billion

Inflection AI, a startup backed by Microsoft, Nvidia, Reid Hoffman, Bill Gates, and Eric Schmidt, has raised $1.3 billion in new funding.
The funding round values Inflection at $4 billion.
With the new funding, Inflection plans to further develop its conversational chatbot Pi and expand its computing capabilities.
Inflection AI, a startup aiming to create "personal AI for everyone," has closed a $1.3 billion funding round led by Microsoft, Reid Hoffman, Bill Gates, Eric Schmidt, and new investor Nvidia.
Inflection AI, a startup backed by Silicon Valley heavyweights, raised $1.3 billion in funding.