financetom
Business
financetom
/
Business
/
Former Meta executives raise $15 million for AI assistant startup
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Former Meta executives raise $15 million for AI assistant startup
Mar 27, 2025 5:36 AM

SAN FRANCISCO, March 27 (Reuters) - Two former Meta

artificial intelligence executives have raised $15

million for Yutori, a startup that will develop AI personal

assistants, the company said on Thursday.

The round was led by Rob Toews at Radical Ventures, with

participation from other investors like Felicis, "AI godmother"

Fei-Fei Li, and Google DeepMind chief scientist Jeff Dean.

San Francisco-based Yutori is part of a slew of AI startups

creating autonomous agents, or systems that use AI to perform

actions on their own. Executives in the field such as OpenAI CFO

Sarah Friar have said such systems will dominate the AI agenda

this year, as models have recently gotten to the point where

they can carry out the longer action sequences necessary to

execute tasks online without human oversight.

"Right now there's a lot happening with chatbots, but

chatbots are not doing things for you in a way that can take

things off your plate," Yutori co-founder Devi Parikh told

Reuters, saying the team has been working to redefine how users

interact with autonomous AI agents, with a focus on improving

efficiency for tasks ranging from online food orders to complex

travel logistics.

Yutori says it is focusing on post-training models to make

them better at navigating the web, or adapting the base models

to hone their performance in specific ways after they have

already been "trained" on reams of generalized data.

Post-training has emerged as a crucial step in the development

of new reasoning models such as OpenAI's o1 and o3 models.

Yutori's team includes Parikh, who led multimodal AI

research at Meta, and Dhruv Batra, who led Meta's embodied AI

research, a team developing models that robots could use to

navigate the 3D physical world. Other team members include the

multimodal post-training leads for Llama 3 and Llama 4, Meta's

flagship open source models.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
UK regulator launches probe into collapsed lender MFS
UK regulator launches probe into collapsed lender MFS
Mar 20, 2026
LONDON, March 20 (Reuters) - Britain's financial regulator said on Friday it had launched an enforcement investigation into mortgage lender Market Financial Solutions, which collapsed in February leaving creditors including major banks and private credit funds facing a shortfall in excess of 1.3 billion pounds ($1.74 billion). The Financial Conduct Authority said in a statement that London-based MFS was only...
Unusual Machines Prices $150 Million Public Stock Offering
Unusual Machines Prices $150 Million Public Stock Offering
Mar 20, 2026
09:10 AM EDT, 03/20/2026 (MT Newswires) -- Unusual Machines ( UMAC ) said Friday it priced a public offering of 8.8 million shares at $17 each to raise about $150 million in gross proceeds. Participation in the offering includes a strategic investment from Ondas ( ONDS ) alongside institutional investors. Unusual Machines ( UMAC ) said it plans to use...
Analysis-Ultra-low-cost airlines made risky bet on fuel-efficient planes
Analysis-Ultra-low-cost airlines made risky bet on fuel-efficient planes
Mar 20, 2026
NEW YORK, March 20 (Reuters) - Ultra-low-cost carriers have some of the newest, most fuel-efficient planes in the industry, but if travel demand in the United States falters as a result of growing macroeconomic uncertainty, paying for the new planes could become a barrier to profit. U.S. carriers on Tuesday said that they were seeing stronger-than-expected spring travel demand. Still,...
US packaging firm Silgan signals interest for Germany's Gerresheimer, sources say  
US packaging firm Silgan signals interest for Germany's Gerresheimer, sources say  
Mar 20, 2026
MUNICH, March 20 (Reuters) - U.S. packaging company Silgan Holdings ( SLGN ) has signalled interest in taking over German medical packaging maker Gerresheimer, according to two sources familiar with the matter. Silgan ( SLGN ) is working with advisers on the approach, one source said, cautioning that there is no certainty there will be a bid and that a...
Copyright 2023-2026 - www.financetom.com All Rights Reserved