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Tag: AInisights

AInsights: Microsoft’s Acquisition of Inflection AI and What it Means to Business Customers and Investors

AInsights: Microsoft’s Acquisition of Inflection AI and What it Means to Business Customers and Investors

AInsights: Executive-level insights on the latest in generative AI…subscribe here. Microsoft recently acquired Inflection for $650 million, an AI startup founded by Mustafa Suleyman, former head of applied AI at DeepMind, an AI company acquired by Google. Acquire might be the wrong way to describe this deal though. Technically, Microsoft is licensing Inflection’s software for $650 million while the company hired nearly all of Inflection’s staff. Inflection, in turn, is using that money to pay a “positive” return to investors….