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Inflection, an AI company, raised over $1.5 billion before key members left to join Microsoft. Microsoft declined acquisition due to Inflection's $4 billion valuation. Inflection plans to license its tech to Microsoft, ensuring investors are compensated.
New w @nmasc_: Inflection has made an unusual promise to investors that they'll recoup their investment through sales of the startup's models on Azure (and other clouds). Inflection projects costs will be lower after most of its staff join Microsoft https://t.co/FHj6Yv6aJN
After raising $1.3B, Inflection is eaten alive by its biggest investor, Microsoft | TechCrunch https://t.co/CqUUAqQeWX
A bit more detail on the Inflection / Microsoft news: sources tell me at @Forbes that there's an undisclosed financial component to Inflection's licensing its API to Microsoft, providing a path for Inflection investors to be made whole over time. https://t.co/NzCeT67uXX
