AI startup raises $1.3B, employees poached by its biggest investor, Microsoft
The AI startup Inflection closed a $1.3 billion funding round in 2023, but just a year later its main investor Microsoft has taken on some of its key employees. In a blog post published by Microsoft yesterday (Mar. 19) the CEO Satya Nadella shares a message to its employees: “I want to share an exciting and important organizational update today. We are in Year 2 of the AI platform shift and must ensure we have the capability and capacity to boldly innovate… “In that context, I’m very excited to announce that Mustafa Suleyman and Karén Simonyan are joining Microsoft to form a new organization called Microsoft AI, focused on advancing Co...... Read Full article on HadNews