Brain Technologies Raises Funds for 'OS for AI'
Brain Technologies has emerged from stealth and announced funding from firms including XTX Ventures and Manta Ray. The company is building what it calls an 'Operating System for AI' centered around natural language interfaces. The investment will support the development of its foundational AI platform.
- The company's founder, Jerry Yue, previously dropped out of the University of Illinois' Computer Engineering program to pursue entrepreneurship and co-founded Benlai, a large grocery delivery service in China. - Brain Technologies' vision is centered on creating an "app-less" phone experience, a concept it explored in a collaboration with Deutsche Telekom and Qualcomm at Mobile World Congress 2024. - The company's first consumer product was Natural AI, an iOS app launched in 2020 that uses a "generative interface" to allow users to complete tasks across different services using natural language commands. - In 2023, Brain Technologies launched Imagica AI, a platform that enables users to build AI applications with no code. - Prior to the current funding, the company had already raised over $50 million from prominent investors such as Laurene Powell Jobs' Emerson Collective and Intuit co-founder Scott Cook. - New investor XTX Ventures is the investment arm of a quantitative trading firm and focuses on startups with deep expertise in AI and machine learning. - Fellow new investor Manta Ray is a London-based venture capital firm that backs founders using deep technology to address global challenges. - The design of the company's interfaces is led by Chief Design Officer Gleb Kuznetsov, who has won multiple Red Dot design awards for his work on operating systems for major consumer brands.
