Inflection AI raises $225M to make communication with computers easier
Inflection AI Inc. raised $225 million in new cash. Some 27 investors bought stakes in the startup as part of its fundraising. The company hopes to make it easier for humans to communicate with computers. A company with high-profile founders is raising $225 million in additional investment to make it simpler for people to connect with machines. In a regulatory filing on Friday, Inflection AI Inc. reported its latest cash haul. As part of the company's financing, 27 investors purchased shares. The identities of those funders were not disclosed by the Palo Alto firm, which was launched earlier this year. Reid Hoffman, co-founder of LinkedIn Corp., founded Inflection earlier this year with Mustafa Suleyman and Karen Simonyan, both DeepMind Technologies Ltd., Google LLC's artificial intelligence research arm. They haven't said much about what they're working on, although Suleyman, the startup's CEO, hinted to the media in January. He told the...