Wabi

AI app developer Wabi raised $55 million in a new funding round, bringing its valuation to $1.25 billion.

• •Wabi positions itself as a "personal agent" that helps build mini apps.
• •The company raised $55 million in its latest funding round.
• •This round values Wabi at $1.25 billion.

Eugenia Kuyda's newest startup Wabi leverages an idea from over a decade ago to offer a free, downloadable personal AI assistant.

• •Wabi is positioned to capitalize on an idea Eugenia Kuyda pitched at Disrupt more than 12 years ago.
• •The personal AI assistant is available for anyone to download for free today.
• •Wabi is Kuyda's latest startup, realizing a long-held concept.

Wabi pivoted from a prompt-based app creation tool to a personal AI agent that generates interfaces on demand.

• •Wabi shifted its business direction away from its traditional prompt-based app builder.
• •The new service functions as a personal AI agent integrating chat, apps, and continuous tasks.
• •It introduces a mechanism to generate interfaces on demand in response to user requests.