AI Agent Wabi Raises $55M at $1.25B Valuation

Wabi, an AI agent app founded by Replika creator Eugenia Kuyda, has raised $55 million at a $1.25 billion valuation. The startup pivoted from a prompt-to-app builder to a personal AI messenger that dynamically generates mini-app interfaces for specific tasks like meal planning and fitness tracking. Backed by investors including a16z and the Amazon Alexa Fund, the round highlights continued capital interest in autonomous agents capable of contextual interface generation.