Replika founder's AI agent Wabi hits $1.25 billion valuation

Wabi, the AI app founded by Replika creator Eugenia Kuyda, has raised $55 million at a $1.25 billion valuation. Originally a tool for building apps from prompts, Wabi recently pivoted into an AI messenger and personal agent that creates mini apps on demand, such as meal planners, fitness plans, restaurant trackers and trivia games.