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Saturday, July 01, 2023

Bill Gates, along with Eric Schmidt and Nvidia, just minted Another AI Unicorn

 More supercomputers staged for AI.

Bill Gates, along with Eric Schmidt and Nvidia, just minted another A.I. Unicorn in a Massive $1.3 Billion Funding Round

The maker of the Pi chatbot plans to build one of the world’s biggest A.I. supercomputers. Previous investors include Will.i.am.

By RACHEL SHIN  AND  JEREMY KAHN  in Fortune

San Francisco–based A.I. startup, Inflection AI, just raised $1.3 billion in a new round of funding from the likes of Microsoft, Nvidia, and former Google CEO Eric Schmidt—not to mention a certain Bill Gates. The funding will support further development of Inflection AI’s first product, a personal assistant and companion named Pi (Personal A.I.), which was launched in May.

The funding brings the total Inflection has raised to $1.5 billion. The company had previously raised $225 million in early 2022 from some of the same investors, as well as former Meta chief technology officer Mike “Schrep” Schroepfer plus Google DeepMind cofounder and CEO Demis Hassabis, and pop artist Will.i.am.   ... ' 

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