AI Founders Vie for Big Wealth in Unicorn Frenzy

Entrepreneurs and veteran CEOs alike are getting rich as investors make big bets on artificial intelligence.

When Mustafa Suleyman partnered with billionaire LinkedIn founder Reid Hoffman last year on a startup called Inflection AI, he saw the potential in their prized project: a chatbot meant to be an “emotional companion that is kind, encouraging and rational.”

www.bloomberg.com

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$100M program to fund generative AI initiatives.