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Inflection AI

28 major milestones

Palo Alto–based AI startup building personal AI assistants and foundational large language models (Pi, Inflection-1/2); structured as a public benefit corporation.

Latest Valuation
$4,000,000,000
2 Funding Rounds

Company Timeline

Years 0-4

Declared as public benefit corporation

Inflection used a public benefit corporation legal structure (stated in company materials and reporting).

Year 0 • 2022

Mustafa Suleyman joins Greylock (precursor event)

Mustafa Suleyman announced as joining Greylock Partners (precursor to Inflection; Greylock incubated/seeded Inflection).

Year 0 • 2022

Inflection AI (UK) legal entity registered

A UK legal entity for Inflection AI was registered (INFLECTION AI (UK) LIMITED), an early corporate registration tied to the company.

Year 0 • 2022

Company founded by Hoffman, Suleyman and Simonyan

Inflection AI founded in Palo Alto by Reid Hoffman, Mustafa Suleyman and Karén Simonyan; described as an AI-first consumer products company and structured as a public benefit corporation.

Year 0 • 2022

Initial major equity raise — $225M

Inflection closed an early large financing (reported May 2022) for $225M led by Greylock with participation from Microsoft, Reid Hoffman and other backers to fund product development.

Year 0 • 2022

Pi chatbot launched publicly (beta)

Inflection launched Pi ('personal intelligence'), a consumer-facing chatbot / personal AI assistant available via messaging and web, positioned as an emotionally intelligent, 'kind' companion.

Year 1 • 2023

Inflection-1 model powering Pi announced and API access opened

Inflection revealed Inflection-1, the LLM behind Pi, and shortly after began offering API access to the model for businesses and developers.

Year 1 • 2023

Inflection-1 benchmark claims vs peers

The company published results positioning Inflection-1 as competitive with GPT-3.5 and Google PaLM-540B on various knowledge and commonsense benchmarks (with relative strengths/weaknesses noted vs coding-capable models).

Year 1 • 2023

Announced plan to build massive GPU cluster (22,000 H100 GPUs)

In partnership with Nvidia and CoreWeave (and reference to Microsoft cloud support), Inflection announced plans to build one of the largest AI training clusters comprising ~22,000 NVIDIA H100 GPUs.

Year 1 • 2023

Ranked among top-funded generative AI startups

Following the $1.3B raise, Inflection was widely reported as one of the best-funded generative AI startups (valued at ~$4B), second only to the OpenAI/Microsoft-backed ecosystem at the time.

Year 1 • 2023Valuation: $4,000,000,000

Raised $1.3B in financing (led by Microsoft, Nvidia and others)

Inflection closed a $1.3B tranche led by Microsoft, Nvidia, Reid Hoffman, Bill Gates and Eric Schmidt; this brought total raised to ~$1.525B and was intended to fund training and product development.

Year 1 • 2023Valuation: $4,000,000,000

Headcount reported (~35 employees)

Public reporting (mid-2023) listed Inflection as a relatively small team of roughly 35 employees while scaling infrastructure and product efforts.

Year 1 • 2023

Committed to independent testing in White House AI pledge

Inflection was named among companies committing to submit AI systems to independent expert testing as part of a White House effort on safe AI development.

Year 1 • 2023

Pi usage milestone: 1 billion messages exchanged

Company tweet/updates reported 1 billion messages exchanged, 100+ days since Pi's launch, availability across 9 platforms and 6 different voices — signaling rapid early usage and multi-platform rollout.

Year 1 • 2023

Inflection-2 unveiled (major model upgrade)

Inflection announced Inflection-2, a substantially more capable LLM trained (reported) on 5,000 Nvidia H100 GPUs; company claimed strong benchmarks for factual knowledge, stylistic control and reasoning.

Year 1 • 2023

Inflection-2 to be available via API and to augment Pi

The company said Inflection-2 would be offered through an API and would augment Pi after additional safety and utility testing.

Year 1 • 2023

Inflection headcount ~70 before Microsoft hiring

Multiple reports described Inflection's workforce at the time of the Microsoft deal as roughly 70 people (nearly all were hired by Microsoft under the agreement).

Year 2 • 2024

Company expands focus toward enterprise offerings (publicized)

Inflection publicly communicated expansion into enterprise offerings and a clearer business model around enterprise deployments, partnerships and APIs around its models.

Year 2 • 2024

Leadership departures and Microsoft acqui-hire/licensing deal

Co-founders Mustafa Suleyman and Karén Simonyan announced departures to help start 'Microsoft AI'; Microsoft acqui-hired nearly the entirety of Inflection's ~70-person workforce and paid Inflection $650M to license its technology; proceeds used to reimburse investors.

Year 2 • 2024

UK CMA launches preliminary probe into Microsoft deal

The UK Competition and Markets Authority opened a preliminary probe to examine the deal's competition implications and whether the hiring/licensing agreement amounted to a merger situation.

Year 2 • 2024

UK regulator clears Microsoft hiring of Inflection staff

The CMA concluded the arrangement created a 'merger situation' but did not pose a threat to competition given Inflection's small share in the UK consumer market, clearing the deal.

Year 2 • 2024

Inflection & Intel launch enterprise AI system

Reporting indicated a collaboration with Intel to accelerate model deployment for enterprise workloads and to launch an enterprise AI system, signaling a push into enterprise infrastructure and OEM partnerships.

Year 2 • 2024

Acquisition: Boundaryless

Inflection acquired Boundaryless to accelerate deployments of trusted enterprise AI agents (reported Oct 21, 2024).

Year 2 • 2024

Partnership: UiPath to bring agentic AI to security-focused industries

Inflection announced a partnership with UiPath to bring agentic AI capabilities to security-focused industries, highlighting enterprise integration use-cases.

Year 2 • 2024

Acquisitions: BoostKPI and Jelled.ai

Inflection acquired BoostKPI and Jelled.ai (reported Nov 26, 2024) to bolster agentic AI workflows and enterprise deployment capabilities.

Year 2 • 2024

Strategic shift announced: won’t compete on next-gen model frontier

Reports indicated Inflection publicly signaled it would not compete in building next-generation foundation models at the largest scale and instead focused on agentic/enterprise products and integrations (context around acquisitions and partnerships).

Year 2 • 2024

Public reporting: total capital raised tracked at ~$1.52–1.525B

Multiple data providers and outlets tracked Inflection's total capital raised across rounds at approximately $1.52–1.525B (seed/initial $225M + $1.3B tranche).

Year 3 • 2025

Appointed Doug Mandell as General Counsel

Inflection announced the appointment of Doug Mandell as General Counsel, a notable senior legal hire as the company continued enterprise/partnering activities.

Year 3 • 2025