Inflection AI sets off fireworks with $1.3B funding, highlighting surging interest in LLMs (and Nvidia H100s)
June 29, 2023
In a pre-July 4th weekend surprise, Inflection AI, the Palo Alto-based startup founded by Mustafa Suleyman, cofounder of DeepMind, and LinkedIn co-founder Reed Hoffman, announced that it has raised $1.3 billion in an eye-popping round that brings its valuation to $4 billion.
Forbes reported that Microsoft and Nvidia led the round, along with Hoffman, Microsoft cofounder Bill Gates and former…