Inflection’s recent Pi chatbot upgrade showcases the trend of developing smaller, more cost-effective artificial intelligence (AI) models that make AI more accessible for businesses. The chatbot has been upgraded with the new Inflection 2.5 model, achieving close to OpenAI’s GPT-4’s effectiveness while only using 40% of...
Inflection AI has raised $1.3 billion in a funding round led by high-profile tech industry investors. Microsoft, Reid Hoffman, Bill Gates, Eric Schmidt and NVIDIA led the round, Inflection AI said in a Thursday (June 29) press release. The company will use the funding to continue its work on “a new class of...
U.K. private equity firm Hg is reportedly set to acquire small business payroll software company Personal & Informatik (P&I) several years after first acquiring the firm then divesting a majority stake. Reports in the Financial Times (FT) said Hg had first acquired P&I, based in...
June 29, 2023
Inflection AI has raised $1.3 billion in a funding round led by high-profile tech industry investors. Microsoft, Reid Hoffman, Bill Gates, Eric Schmidt and NVIDIA led the round, Inflection AI said in a Thursday (June 29) press release. The company will use the funding to continue its work on “a new class of AI,” a product called Pi that delivers both text and […]
