How Microsoft BAILED OUT Inflection AI
00:00:00.000 | the AI landscape shifting yet again, Microsoft just did
00:00:03.120 | another one of these shadow aqua hires this time of inflection
00:00:07.440 | AI bizarre deal for background inflection have raised 1.5
00:00:10.960 | billion over the last two years. It was one of these giant
00:00:13.760 | fundings that occurred to build a foundational model.
00:00:16.360 | This was a bailout of the investors. I don't think the
00:00:18.520 | investors got ripped off here. I think the investors were like
00:00:21.280 | thrilled to get their money back for whatever reason. This company
00:00:23.880 | wasn't going anywhere. It raised hundreds of millions of dollars.
00:00:26.920 | Reed and bill obviously are wired in there on the Microsoft
00:00:30.080 | board. And this company did have some talent that Microsoft
00:00:33.200 | wanted. So they basically did a giant aqua hire and a build out