June 29, Palo Alto-based Inflection AI announcement the completion of a $1.3 billion fundraiser led by Microsoft (NASDAQ:), Reid Hoffman, Invoice Gates, Eric Schmidt and Nvidia (NASDAQ:). The brand new capital will likely be partly allotted to constructing a 22,000-unit Nvidia H100 Tensor GPU cluster, which the corporate says is the most important on the planet. The GPUs will likely be used to develop large-scale synthetic intelligence fashions. The builders wrote:
Inflection AI can also be creating its personal private warrant officer AI system dubbed “Pi”. the whole quantity of funding has reached $1.525 billion since its inception in early 2022.
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