I'm a senior editor at Forbes covering venture capital and startups, especially in cloud and AI, out of New York. I edit the Midas List and Under 30 for VC, and created the Midas List Europe and Cloud 100 lists. I've written more than a dozen cover stories on business leaders including Marc Benioff, Patrick Collison and Melanie Perkins.
The maker of chatbot Pi had raised $1.3 billion a year ago. Suleyman will now lead Microsoft’s consumer AI efforts as Inflection pivots to a business-to-business focus.Mustafa Suleyman is leaving Inflection AI, the maker of chatbot Pi, for Microsoft in a massive shakeup at one of Silicon Valley’s highest-valued artificial intelligence startups. Inflection, valued last year at $4 billion,, forming a new group called Microsoft AI that includes its Copilot product.
Inflection will focus now on providing an application programming interface, or API, to other businesses — a major shift for a company that had focused until recently on Pi, its chatbot alternative to OpenAI’s ChatGPT and Anthropic’s Claude. It will host that API on Microsoft’s cloud service as well as others, the source added. In its own post, Inflection claimed that PI had “millions” of weekly users.
Building powerful AI models to compete with the likes of OpenAI is expensive. Still, for Inflection to exit the consumer race so quickly — after having raised so much money, so fast — while its CEO departs for a top job at Microsoft, raised some eyebrows among insiders, even if it didn’t fully surprise.
At Index Ventures, Mike Volpi, a board director at another AI model unicorn already focused on business-to-business growth, Cohere, said he expected “Big Tech” companies like Microsoft to be the beneficiaries of the consumer AI horse race. The enterprise side is “much more viable” to hold its own, he added, name-checking Cohere and another prominent AI unicorn, Anthropic. “A lot of AI companies that were focused on consumer will try to move over to the enterprise market.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Westbound Raises $100 Million To Invest In Black, Latin And Diversity-Minded FoundersI'm a senior editor at Forbes covering venture capital and startups, especially in cloud and AI, out of New York. I edit the Midas List and Under 30 for VC, and created the Midas List Europe and Cloud 100 lists. I've written more than a dozen cover stories on business leaders including Marc Benioff, Patrick Collison and Melanie Perkins.
Read more »
AI Unicorn Anthropic Releases Claude 3, A Model It Claims Can Beat OpenAI’s BestI'm a senior editor at Forbes covering venture capital and startups, especially in cloud and AI, out of New York. I edit the Midas List and Under 30 for VC, and created the Midas List Europe and Cloud 100 lists. I've written more than a dozen cover stories on business leaders including Marc Benioff, Patrick Collison and Melanie Perkins.
Read more »
Inside Y Combinator’s ‘Boom Loop’: The Startup Factory Goes Brasher, Leaner And MeanerI'm a senior editor at Forbes covering venture capital and startups, especially in cloud and AI, out of New York. I edit the Midas List and Under 30 for VC, and created the Midas List Europe and Cloud 100 lists. I've written more than a dozen cover stories on business leaders including Marc Benioff, Patrick Collison and Melanie Perkins.
Read more »
10 Coolest Playable Characters In Unicorn OverlordMofeeza is a CS graduate whose degree developed her interest in gaming. Playing games throughout her academic life she changed this hobby into a career and now she&039;s written and edited for multiple sites all over the interwebs.
Read more »
Unicorn Overlord Is Playing 4D Chess with a Hundred PiecesUnicorn Overlord is a great and gorgeous tactical role-playing game with a bad story that's not quite bad enough to sink the whole package.
Read more »
Unicorn Overlord review: deep strategy RPG is a rousing victoryUnicorn Overlord boasts a gorgeous art style backed up with a deep tactics gameplay system, even if its story is lacking.
Read more »