Microsoft-backed AI startup Inflection raises $1.3 billion from Nvidia and others
By
Biju Kumar
Inflection AI, a startup backed by several Silicon Valley heavyweights, said on Thursday it had raised $1.3 billion from investors including Microsoft and Nvidia, amid a boom in the artificial intelligence (AI) sector.
The investment, a mix of cash and cloud credit, valued the one-year-old company at $4 billion, a source familiar with the matter told Reuters.