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Investigating the Overlooked

AI Application

Wabi

AI Application
Wabi, the company founded by the Replika founder, raised $55M at a $1.25B valuation as it pivots to AI agents. Institutional Venture Partners (IVP) led the round, with Andreessen Horowitz, the Amazon Alexa Fund and Forerunner Ventures also participating. The headline says the company 'raises', so the round is reported as closed.