Inflection, a startup focused on developing personal AI systems, raised $1.3 billion in a funding round led by Microsoft, Reid Hoffman, and Bill Gates. This substantial investment underscores the growing interest in AI technologies that can provide personalised assistance and interaction.

Inflection was founded by DeepMind co-founder Mustafa Suleyman and LinkedIn co-founder Reid Hoffman. The company aims to create AI systems that can understand and interact with humans in more natural and intuitive ways. With this significant funding, Inflection is poised to advance its research and development in personal AI technologies.

Additional reading: TechCrunch (https://techcrunch.com/2023/06/29/inflection-ai-lands-1-3b-investment-to-build-more-personal-ai/)