Inflection AI

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Inflection AI, Inc.
Company typePrivate
IndustryArtificial intelligence
Founded2022; 4 years ago (2022)
Founders
HeadquartersPalo Alto, California, U.S.
Key people
Sean White (CEO)
ProductsPi
Number of employees
70 (2024)[1]
Websiteinflection.ai
Footnotes / references
[2]

Inflection AI, Inc. is an American technology company which has developed machine learning and generative artificial intelligence hardware and apps, founded in 2022.[3][4][5] The company is structured as a public benefit corporation and is headquartered in Palo Alto, California.[6][7]

History

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The company was founded by entrepreneurs Reid Hoffman, Mustafa Suleyman and Karén Simonyan in 2022.[3][4][5] The company has collaborated with Nvidia to develop hardware for generative artificial intelligence.[8]

In June 2023, the company raised US$1.3 billion at $4 billion valuation.[8]

In March 2024, Suleyman and Simonyan announced their departure from the company in order to start Microsoft AI, with Microsoft acqui-hiring nearly the entirety of its 70-person workforce.[9] As part of the deal, Microsoft paid Inflection $650 million to license its technology. The proceeds were used to reimburse Inflection AI's investors.[10] UK's Competition and Markets Authority launched a preliminary probe into the deal to examine the impact on competition and whether the agreement constituted a merger.[11] The regulator concluded that the deal amounted to a "merger situation," but did not pose a threat to competition due to Inflection's small share in the UK consumer market.[12]

Products

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The first product released widely by Inflection AI is a chatbot, Pi, named for “personal intelligence,” that is intended to function as an artificial intelligence-based personal assistant.[13] Among the user experience goals that the company has stated for the Pi product are: providing an experience of emotional support for human users, in which the chatbot should be able to maintain an interactive text or voice-based dialogue with a human user that includes elements of kindness, a diplomatic tone about sensitive topics, and humor.[14] Comparisons and contrasts have been made between the Pi chatbot and ChatGPT, a chatbot created by OpenAI.[15]

References

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