Inflection AI led by its co-founders raises $225 million to change computer-human interactions
- ByStartupStory | May 14, 2022
Inflection AI, is a machine learning (ML) startup which is headed by LinkedIn co-founder Reid Hoffman and founding Deepmind member Mustafa Suleyman has recently secured $225 million in equity financing with respect to the filing with the US Securities and Exchange Commission. Although the source of funding is not clear, the massive round suggests strong investor confidence in Suleyman, the CEO of the company.
Suleyman said that programming languages, mice and various interfaces are the ways used to simplify our ideas to decrease complexity and in some ways their creativity and uniqueness to get a machine working. He also added that they are at the apex of being able to generate language to pretty much human-level performance.
The idea of translating human intentions into a language that computers can interpret dates back decades. Even the top chatbots and voice assistants at present haven’t stood on the promise. However, with the advancements, Suleyman and Hoffman are betting to make an intuitive human-computer interface in the coming five years.
AI expertise is not cheap either specifically in the midst of a talent shortage. A tax filing in 2018, spotted by New York Times revealed that OpenAI paid Ilya Sutskever, its topmost researcher over $1.9 million in 2016. Regardless of all, the size of Inflection’s funding round shows the high cost of making sophisticated AI systems. OpenAI is considered to have spent millions of dollars to develop GPT-3, a system that can generate human-like text when provided with a prompt.
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