The departure of Suleyman and the shift in Inflection's strategy has raised eyebrows, especially as the company had raised $1.3 billion just last June. Despite this, Inflection had struggled to find an effective business model. The move has been seen as a win for Microsoft, but a loss for Inflection's investors and early employees.
Key takeaways:
- Mustafa Suleyman is leaving his startup Inflection AI to lead consumer AI at Microsoft, forming a new group called Microsoft AI.
- Inflection AI, valued at $4 billion, is shifting its focus to a business-to-business strategy and will provide an application programming interface (API) to other businesses.
- Microsoft is not acquiring any equity position or intellectual property from Inflection AI as part of this shift.
- The departure of Suleyman and the shift in Inflection's strategy comes as a surprise, considering the company had raised $1.3 billion just last June and had a popular product with 'millions' of weekly users.