“Inflection AI Announces $1.3 Billion of Funding Led by Current Investors, Microsoft, and NVIDIA”, 2023-06-29 ():
Inflection AI today announced that the company has raised $1.3 billion in a fresh round of funding led by Microsoft, Reid Hoffman, Bill Gates, Eric Schmidt, and new investor NVIDIA. The new funding brings the total raised by the company to $1.525 billion.
Along with its partners CoreWeave and NVIDIA, Inflection AI is building the largest AI cluster in the world comprising 22,000 NVIDIA H100 Tensor Core GPUs.
…“Personal AI is going to be the most transformational tool of our lifetimes. This is truly an inflection point. We’re excited to collaborate with NVIDIA, Microsoft, and CoreWeave as well as Eric, Bill and many others to bring this vision to life”, said Mustafa Suleyman, CEO and co-founder of Inflection AI.
…“We are very excited to partner with Inflection AI, a pioneering AI company with an outstanding team, to bring the power of supercomputing to cutting edge consumer products”, said Michael Intrator, CEO of CoreWeave.
Previously, Inflection AI raised $0.225b in a first round of funding in early 2022 from Greylock, Microsoft, Reid Hoffman, Bill Gates, Eric Schmidt, Mike Schroepfer, Demis Hassabis, Will.i.am, Horizons Ventures, and Dragoneer.
…Largest AI cluster in the world: The deployment of 22,000 NVIDIA H100 GPUs in one cluster is truly unprecedented, and will support training and deployment of a new generation of large-scale AI models. Combined, the cluster develops a staggering 22 exaFLOPS in the 16-bit precision mode, and even more if lower precision is used. We estimate that if we entered our cluster in the recent TOP500 list of supercomputers, it would be the 2nd and close to the top entry, despite being optimized for AI—rather than scientific—applications. The rollout of the cluster is actively under way, and we have already been able to confirm its performance in the recent MLPerf benchmark.