Thursday, 29 June 2023
Inflection AI Raises $1.3 Billion Investment From Microsoft and Nvidia
Inflection AI, a startup backed by several Silicon Valley heavyweights, said on Thursday it had raised $1.3 billion (nearly Rs. 10,670 crore) from investors including Microsoft and Nvidia, amid a boom in the artificial intelligence (AI) sector. The investment, a mix of cash and cloud credit, valued the one-year-old company at $4 billion (nearly Rs. 32,840 crore), a so...
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