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
Inflection has just secured a staggering $1.3 billion to develop personal intelligence and build a huge GPU cluster. OpenAI expands its reach with a new London office while facing legal challenges over data scraping. MLB is diving into the realm of AI with advanced scouting tools to analyze player biomechanics, raising questions about data usage in sports. Meanwhile, a group of 150+ executives express their discontent with the EU's AI regulations. The landscape of AI funding and innovation is heating up!
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Inflection AI's Big Bet on Personal AI
- Inflection AI raised $1.3 billion to build a massive AI cluster for personal AI.
- Their focus is on personal AI as a transformative tool.
Runway's Rise in Text-to-Video
- Runway raised $141 million for their text-to-video generation technology.
- Their Gen 2 model is gaining popularity, democratizing video creation.
OpenAI Expands
- OpenAI's ChatGPT app on iOS now includes web browsing with Bing.
- They also opened their first international office in London.