Microsoft's US$650 Million Deal with Inflection AI Unveiled
Friday, 22 March 2024, 05:45
Microsoft's Agreement with Inflection AI
Microsoft recently revealed a significant agreement with Inflection AI, involving a total payment of US$650 million. This amount comprises US$620 million allocated for licensing Inflection's AI models and another US$30 million to waive any legal rights associated with Microsoft's recruitment of most of Inflection AI's staff, including founders.
Key Points:
- US$650 Million Payment: Microsoft to pay a total of US$650 million in the agreement.
- AI Model Licensing: US$620 million designated for licensing Inflection's AI models.
- Legal Rights Waived: An additional US$30 million for relinquishing legal claims linked to staff recruitment.
This collaboration exemplifies Microsoft's dedication to leveraging cutting-edge technology and securing top talent in the AI space.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.