Inflection AI explained

Inflection AI, Inc.
Type:Public benefit corporation
Industry:Artificial intelligence
Hq Location:Palo Alto, California, U.S.
Key People:Sean White (CEO)
Products:Pi
Num Employees:35 (2023)
Footnotes:[1]

Inflection AI, Inc. is a technology company which has developed a machine learning and generative artificial intelligence hardware and apps, founded in 2022.[2] [3] [4] The company is structured as a public benefit corporation and is headquartered in Palo Alto, California.[5] [6]

History

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

In June 2023, the company raised $1.3 billion USD at $4 billion valuation.[7]

In March 2024, Suleyman and Simonyan announced their departure from the company in order to start Microsoft AI.[8]

Products

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.[9] 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.[10] Comparisons and contrasts have been made between the Pi chatbot and ChatGPT, a chatbot created by OpenAI.[11]

Notes and References

  1. News: Nishant . Niket . Hu . Krystal . 2023-06-29 . Microsoft-backed AI startup Inflection raises $1.3 billion from Nvidia and others . Reuters.
  2. Web site: Wiggers . Kyle . 2022-05-13 . Inflection AI raises $225M to supercharge computer-human interactions . 2023-06-16 . TechCrunch . en-US.
  3. Web site: Quach . Katyanna . LinkedIn billionaire launches Inflection AI startup . 2023-06-16 . www.theregister.com . en.
  4. Web site: Shead . Sam . 2022-03-08 . Reid Hoffman has co-founded his first new company since LinkedIn sale . 2023-06-16 . CNBC . en.
  5. Web site: Konrad . Alex . 2023-06-29 . Inflection AI, The Year-Old Startup Behind Chatbot Pi, Raises $1.3 Billion . Forbes.
  6. Web site: Kahn . Jeremy . 2023-05-03 . DeepMind cofounder's new A.I. chatbot is a good listener. And that's about it. Is that enough? . Fortune.
  7. Web site: Konrad . Alex . Inflection AI, The Year-Old Startup Behind Chatbot Pi, Raises $1.3 Billion . 2023-10-20 . Forbes . en.
  8. Web site: The new Inflection: An important change to how we’ll work . 2024-03-19 . Inflection . en.
  9. Web site: Konrad . Alex . Inflection AI, Startup From Ex-DeepMind Leaders, Launches Pi — A Chattier Chatbot . 2023-06-16 . Forbes . en.
  10. News: Hu . Krystal . 2023-05-02 . Hoffman and Suleyman's AI startup Inflection launches ChatGPT-like chatbot . en . Reuters . 2023-06-16.
  11. Web site: 2023-05-03 . LinkedIn co-founder and Google DeepMind co-founder's startup Inflection AI launches 'Pi' chatbot . 2023-06-16 . Business Today . en.