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The AI Daily Brief (Formerly The AI Breakdown): Artificial Intelligence News and Analysis
Inflection Raises Monster $1.3 Billion Round to Build One of World's Biggest AI Clusters
Jun 30, 2023
09:56
Snipd AI
Inflection raises $1.3B for personal intelligence and to build a massive AI cluster. OpenAI updates iOS app, gets sued, and sets up in London. Runway secures $141M. MLB uses AI for scouting. Execs criticize EU AI Act.
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Quick takeaways
- Inflection has raised $1.3B to build one of the world's largest AI clusters with a focus on personal AI.
- OpenAI's Chat GPT app on iOS supports browse with Bing and faces a lawsuit over data scraping, potentially impacting data regulations.
Deep dives
Inflection Raises $1.3 Billion in Funding for Personal AI Platform
Inflection, the company behind the personal AI platform Pi, has raised a $1.3 billion financing round led by Microsoft, Nvidia, and Reed Hoffman. The funding will be used to build one of the world's largest AI clusters, comprising of 22,000 Nvidia H1 Tensor Core GPUs. Inflection's focus is on personal AI, which they believe will be a transformational tool. Pi, their personal AI, aims to provide a trusted platform for expression, curiosity, and idea exploration.
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