Total capital raised: $99.2 million ( $73.6 million in Series B and $25.6 million in Series A, not including the current $500 million in new funding)

Inflection AI

Valuation: $4 billion (as of 2023, per TechCrunch)

Highlight: Inflection AI initially targeted the consumer AI space with its chatbot, Pi, designed as a supportive conversational assistant. However, after struggling to monetize the product, the company is now pivoting toward an enterprise focus, helping businesses work with large language models (LLMs). Meanwhile, tech giant Microsoft has agreed to pay Inflection $650 million for a software licensing deal. The company also recently appointed cofounder Mustafa Suleyman as head of its consumer AI division.

Total capital raised: $1.5 billion (per Crunchbase)