Scaramucci Calls out AI Bubble as Inflection AI Raises $1.3B From Microsoft and Nvidia

BeInCrypto
BeInCrypto

30 Jun 2023 1:52 PM

As Inflection AI raises $1.3 billion from Microsoft and Nvidia, SkyBridge Capital's Anthony Scaramucci anticipates that AI is in a bubble....

  • Inflection AI, a one-year-old startup co-founded by one of the DeepMind founders, has raised $1.3 billion from Microsoft and Nvidia.
  • The startup created the Pi chatbot, which focuses on casual conversations and is accessible through Instagram, WhatsApp, or Facebook Messenger.
  • AI startups, including Inflection AI, are witnessing heavy investor interest, but some believe that AI stocks are in a bubble.
  • Anthony Scaramucci, founder of SkyBridge Capital, believes that while AI may be in a bubble, there are high-quality AI companies worth owning.

The sentiment in the article is mixed. While there is excitement about the funding and growth of Inflection AI and the potential of AI startups, there are also concerns about a possible bubble in AI stocks.

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Who co-founded Inflection AI?What is the Pi chatbot and how can it be accessed?What is Anthony Scaramucci's opinion on AI stocks?How much funding did Inflection AI raise and from which companies?What are some concerns raised about AI stocks?Note: The article contains sponsored content.

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