Adept raises $350m
Author: EIS Release Date: Mar 22, 2023
14 month-old Adept, which develops AI software which can execute human voice commands, has raised $350 million in a Series B funding round to add to the $65 million it raised last year.
The company aims to develop an ‘AI teammate’ trained on every software tool which can carry out natural language commands from a user.
To that extent Adept’s tool goes a step further than ChatGPT which gives answers. Adept’s tool executes on the answers.
”Adept is building an entirely new way to get things done,” says the company, “it takes your goals, in plain language, and turns them into actions on the software you use every day.
For instance an engineer could ask his AI teammate to make a blueprint for a part and the teammate would select the software programmes and input the commands or code to produce the blueprint.
“Giant foundation models for language and for images have shown astounding capabilities in the last few years,” says Adept co-founder and CEO David Luan, “Adept is building on this momentum via a new kind of foundation model.”
Luan was director and vice president of engineering at OpenAI from 2017 until 2020..
General Catalyst and Spark Capital led the funding round.