Wabi announces $55 million raise at $1.25 billion valuation

Wabi said it raised $55 million at a $1.25 billion valuation, Sarah Perez reports for TechCrunch. IVP led the round. Founded by Eugenia Kuyda, who previously founded Replika, Wabi has shifted from prompt-built apps toward AI messaging. The company suggests its personal agent could build mini apps for tasks such as meal planning, but presents these as possible uses, not demonstrated capabilities.