Microsoft agreed to pay Inflection $650 million while hiring its staff, source says

Microsoft agreed to pay Inflection $650 million while hiring its staff, source says

The Star Online - Tech·2024-03-22 08:00

(Reuters) -Microsoft has agreed to pay Inflection about $650 million while hiring the AI startup's staff, a person familiar with the matter told Reuters on Thursday.

The transaction is mostly in the form of a licensing deal that makes Inflection's models available for sale on Microsoft's Azure cloud service, the person said.

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