The Future of AI Is Inflection

Inflection AI has just closed a $1.3 billion funding round led by Microsoft, Reid Hoffman, Bill Gates, Eric Schmidt, NVIDIA with an intention of building the largest AI cluster in the world. The list price of an H100 is about $30,000 but the street price so it's very hard to get it. And so of the $1.5 billion they've raised, let's say a billion goes into building this 22,000 node cluster, you have $500 million for SG&A. So what that leaves behind is basically $2.5 billion of enterprise value for their chatbot.