Tech Crunch – After raising $1.3B, Inflection got eaten alive by its biggest investor, Microsoft

Posted on March 19, 2024

In June 2023, Inflection announced it had raised $1.3 billion to build what it called “more personal AI.” The lead investor was Microsoft. Today, less than a year later, Microsoft announced that it was essentially eating Inflection alive (though I think they phrased it differently). Co-founders Mustafa Suleyman and Karén Simonyan will go to Microsoft, […]