Inflection AI Raises $1.3B
forbes.com
forbes.com
But they do have a high-profile roster of investors - I wonder if there's some catching-up attempt happening here?
They claim that there model is comparable or superior in some cases to GPT3.5-Turbo which I have yet to find. Mostly, they raised the round on the founding team.
You can find the previous conversation here:
Launch: https://news.ycombinator.com/item?id=35798744 Claims: https://news.ycombinator.com/item?id=36458625
This valuation looks excessively inflated and quickly hyped to $4B, almost like Clubhouse. But even if they release a paid API, that still doesn't justify the $4B valuation.
This only means that they are burning millions of dollars training and fine-tuning their deep learning models which is a game which profitable companies such as Apple, Google, Microsoft and Meta can afford to do.
In terms of the race to zero, Meta is already at the finish line by releasing their AI model for free.