Saturday, April 27, 2024
Startups

After raising $1.3B, Inflection got eaten alive by its biggest investor, Microsoft

In June 2023, Inflection announced it had raised $1.3 billion to build what it called “more personal AI.” The lead investor was Microsoft. Today, less than a year later, Microsoft announced that it was essentially eating Inflection alive (though I think they phrased it differently). Co-founders Mustafa Suleyman and Karén Simonyan will go to Microsoft, […]

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