Tech Company Financing Transactions
Inflection AI Funding Round
Inflection AI closed a $1.3 billion funding round on 6/30/2023. Investors included Microsoft, private investors and NVIDIA.
Transaction Overview
Company Name
Announced On
6/30/2023
Transaction Type
Venture Equity
Amount
$1,300,000,000
Round
Undisclosed
Investors
Microsoft (Lead Investor)
private investors (Bill Gates)
private investors (Eric Schmidt)
private investors (Reid Hoffman)
Proceeds Purpose
The company intends to use the funds to continue to build and design its first product, launched in May.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
Primary Office 650 Page Mill Road
Palo Alto, CA 94304
USA
Palo Alto, CA 94304
USA
Phone
Undisclosed
Website
Email Address
Overview
Inflection is an AI-first company, redefining human-computer interaction, co-founded by Mustafa Suleyman, Reid Hoffman and Karén Simonyan. Throughout the history of computing, humans have had to learn to speak the language of machines. In the new paradigm, machines will understand our language.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Reid Hoffman
Co-Founder
Mustafa Suleyman
Browse more venture capital transactions:
Prev: 6/30/2023: Fertifa venture capital transaction
Next: 6/30/2023: Aito venture capital transaction
Share this article
Where The Data Comes From
We report on every notable VC transaction. VC investment data records on this site come from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs