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AI agent startup /dev/agents has raised a massive $56M seed round at a $500M valuation | TechCrunch

Nov 28, 2024 - techcrunch.com
/dev/agents, a new company founded by former Google executives, aims to create a unified platform that serves as an operating system for AI agents. The company, which believes that developers currently lack standard tools to build AI agents, plans to fill this gap with its cloud-based operating system that works across devices and uses generative AI to present personalized user interfaces. The company recently raised a $56 million seed round co-led by Index Ventures and Alphabet’s independent growth fund, CapitalG, valuing the company at $500 million.

The company's founders include David Singleton, former CTO of Stripe and leader of AndroidWear at Google, and Hugo Barra, former VP of Android’s product management at Google. They plan to monetize the platform through commerce, taking a cut of sales or charging users for subscriptions. The first version of the product is expected to be available by early-to-mid next year.

Key takeaways:

  • /dev/agents, a new company founded by former Google executives, is developing an operating system for AI agents to facilitate their collaboration in multi-step tasks.
  • The company has raised a $56 million seed round co-led by Index Ventures and Alphabet’s independent growth fund, CapitalG, valuing the company at $500 million.
  • The operating system will be cloud-based, work across devices, and use generative AI to present personalized user interfaces.
  • The company plans to monetize the platform through commerce, taking a cut of sales or charging users for subscriptions, similar to Android's business model.
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