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Microsoft And Nvidia Join $1.3 Billion Fundraising For Inflection AI

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Inflection AI, a startup that makes a “kind and supportive” chatbot called Pi, has raised $1.3 billion in one of the largest funding rounds of Silicon Valley’s current artificial intelligence frenzy.

The deal values the less-than-two-year-old startup at $4 billion, according to a person familiar with the matter who asked not to be identified discussing private information.

Inflection AI’s co-founders include high-profile Silicon Valley figures: Reid Hoffman, the co-founder of LinkedIn and partner at Greylock Parters, and Mustafa Suleyman, a co-founder of Google’s influential artificial intelligence lab, DeepMind.

Read the full story on Bloomberg here.