Event

Transform 2023

Join us in San Francisco on July 11-12, where top executives will share how they have integrated and optimized AI investments for success and avoided common pitfalls.

Register Now

On Wednesday, Inflection AI, a leading AI technology company, announced that it has raised $1.3 billion in funding, showcasing the soaring demand for its products and services.

This news comes as no surprise as Inflection AI has quickly become a leading supplier of high-performance learning management systems (LLMs) and NVIDIA H100 GPUs. By leveraging the latest advancements in cutting-edge AI research, Inflection AI’s offerings have enabled companies around the world to access the most advanced tech available and to stay ahead of the competition.

The investment, which was primarily driven by SoftBank Investment Advisers, will accelerate Inflection AI’s growth and help to advance the development of its LLMs and GPUs. According to their press release, “…We are delighted to back Inflection AI and enable the company to further enable innovative and scalable enterprise AI solutions.”

Inflection AI’s CEO, Alexey Volyansky, went on to say, “We are excited for this partnership and new capital to enable us to continue building powerful products, with a simpler user experience, to help organizations more quickly and cost-effectively leverage the ever-expanding power of AI. This marks a pivotal moment for Inflection AI and we look forward to seeing what we can achieve together.”

With this new funding boost, Inflection AI will be able to expand its LLMs, further develop its H100 GPUs, and move forward with its mission to provide powerful yet affordable AI solutions for customers around the world.

The news of the funding comes at a time when the demand for AI technology is skyrocketing. This is a testament to Inflection AI’s commitment to transforming how businesses use AI, and to the potential of its products. By scaling its offerings to more customers and industries, Inflection AI will be able to continue to pave the way for the future of AI technology.