Wabi, the AI agent that builds mini apps, now valued at $1.25B after latest round
On Thursday, AI app, Wabi, now describing itself as a "personal agent," said it has raised $55 million at a $1.25 billion valuation.
TL;DR
- Wabi, an AI app, has raised $55 million at a $1.25 billion valuation.
- The company has pivoted to become a "personal agent" that can build interfaces and mini-apps for users.
- Wabi's potential uses include meal planning, restaurant tracking, fitness plan creation, and trivia games.
- The AI agent market is experiencing significant investor interest.
- Investors in the round include IVP, Andreessen Horowitz, Amazon Alexa Fund, and several prominent tech leaders.