The round was 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.

Based in Palo Alto, CA, Inflection AI is an 'AI Studio' specializing in creating personal AIs. It was founded in early 2022 by Mustafa Suleyman, Karén Simonyan, and Reid Hoffman. Inflection AI's mission is to make personal AIs available to every person in the world. The company is set up as a Public Benefit Corporation, and the Inflection AI team includes some of the industry's top AI experts who previously worked at DeepMind, Google, Microsoft, OpenAI and Meta.