Inflection is also allowing users to export their conversations from Pi, in partnership with the Data Transfers Initiative. The company sees this as setting a new standard for data mobility and transferability in the AI industry. Looking ahead, Inflection is considering licensing its AI models to other companies, with White revealing that 13,000 organizations have expressed interest in gaining API access to Pi. The company hopes to announce its first enterprise products and partnerships in the fall.
Key takeaways:
- Inflection is planning to cap free access to its AI chatbot Pi in the coming months and is shifting its focus towards enterprise products.
- Microsoft, one of the lead investors in Inflection, hired away the startup's founders and most of its staff five months ago, paying $650 million to license its AI model and repay investors. This move is currently under investigation by antitrust regulators in the U.S. and U.K.
- Inflection is partnering with the Data Transfers Initiative to allow users to export their conversations off of Pi, setting a new standard for data mobility and transferability in the AI industry.
- CEO Sean White has revealed that 13,000 organizations have shown interest in gaining API access to Pi, and the company is in talks with large banks, insurers, and several Fortune 500 companies about potentially using its enterprise products.