KEY FACTSIn March, Inflection AI’s co-founder and CEO Mustafa Suleyman joined Microsoft, along with nearly all 70 of the startup’s employees, in a move that shook up the company that was valued last year at $4 billion. The hirings were part of a deal in which Microsoft agreed to pay Inflection AI $650 million, allowing the Windows maker to license the startup’s AI models.

Source: Forbes June 07, 2024 18:51 UTC