It appears that Inflection AI made no sense to begin with and Pi was quite frankly a performative research demo and didn't generate enough money for the VCs to justify another fundraising round. How is Inflection AI worth $4BN?
What can Pi do that is unique over the best of cloud LLMs and the hundreds of $0 free LLMs out there?
It appears that it is a vehicle for VCs to quickly run this company to the ground for a quick exit, knowing that this company is extremely overvalued.
Probably after this acqui-hire, the value of Inflection AI is now down to its real value of $200M at most.
What can Pi do that is unique over the best of cloud LLMs and the hundreds of $0 free LLMs out there?
It appears that it is a vehicle for VCs to quickly run this company to the ground for a quick exit, knowing that this company is extremely overvalued.
Probably after this acqui-hire, the value of Inflection AI is now down to its real value of $200M at most.