April 6, 2024, 1 p.m. | Julia Black

The Information www.theinformation.com

On March 19, the 70-person staff of Inflection, an artificial intelligence startup that had raised $1.5 billion in less than two years, was summoned to a Hyatt hotel auditorium near the company’s Palo Alto, Calif., offices. Moments before, they’d received some shocking news: Microsoft would pay $650 million to license Inflection’s AI models and hire two of its three co-founders, Chief Scientist Karén Simonyan and CEO Mustafa Suleyman, who was leaving to lead Microsoft’s consumer AI efforts.


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