Wabi has raised $55 million at a $1.25 billion valuation for its personal AI agent. The funding follows a shift from building apps through prompts to an AI messenger that creates interfaces for everyday tasks.
Wabi said its latest funding round was led by IVP. Other participants included Andreessen Horowitz, Forerunner and Amazon Alexa Fund.
Founder Eugenia Kuyda previously founded the AI companion startup Replika. Wabi initially let people build apps using prompts, before announcing its move towards an AI messenger last month.
The updated product, Wabi 2.0, is intended to create mini apps for tasks such as meal planning, tracking local restaurants and creating fitness plans. For builders, it offers a product approach to test: an AI agent that generates task-specific interfaces rather than relying on conversation alone.
Builders of personal AI tools face a newly funded competitor combining messaging with mini-app creation.
Task-specific interfaces offer another way to design AI products beyond a text box.
The funding gives Wabi backing to pursue this approach, but user demand and commercial traction remain unproven in the source.
Written automatically by the Made in 10 Newsroom from the source above.
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