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Former Google, Stripe Executives Raise $56 Million for AI Agent Startup

Nov 26, 2024 - news.bensbites.com
Former Google and Stripe executives have raised $56 million for a new company, /dev/agents, which aims to develop an operating system for artificial intelligence (AI) agents. The San Francisco-based company, which is set to announce its emergence from stealth mode, has been valued at $500 million. The funding round was led by Index Ventures and co-led by Alphabet Inc.’s growth investment fund, CapitalG, with participation from several angel investors.

The company plans to build a cloud-based operating system that can work across various devices, including phones, laptops, and cars. The goal is to create a common technical framework for AI agents, similar to Apple’s iOS or Google’s Android, to boost productivity and enable more natural interaction with AI. The team behind /dev/agents, which includes former executives from Google, Stripe, and Meta, has extensive experience in developing operating systems.

Key takeaways:

  • A group of former Google and Stripe executives have raised $56 million for a new company, /dev/agents, which aims to develop an operating system for artificial intelligence agents.
  • The fundraising round, led by Index Ventures and co-led by Alphabet Inc.’s growth investment fund, CapitalG, values /dev/agents at $500 million.
  • The company plans to build a cloud-based operating system that can work across various devices and aims to create a new user interface for people to interact more naturally with AI agents.
  • The team behind /dev/agents includes former executives and engineers from Google, Stripe, Oculus, and Dropbox, who have extensive experience in developing operating systems.
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