Zeta Labs Raises $2.9M Pre-Seed Funding, Launches JACE

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Zeta Labs, an AI research and product company specializing in developing autonomous agents capable of efficiently performing complex and multi-step tasks, announced the completion of a $2.9 million pre-seed funding round and the launch of its proprietary AI agent, JACE.

Funding Details:

  • Amount Raised: $2.9 million
  • Lead Investors: Daniel Gross (former head of AI at Y Combinator) and Nat Friedman (former GitHub CEO)
  • Participating Investors: Earlybird VC, Kaya VC, AI Grant, Shawn (swyx) Wang, Bartek Pucek, and Mati Staniszewski (founder of ElevenLabs)

Company Overview:

  • Founders: Fryderyk Wiatrowski and Peter Albert
  • Founded: August 2023
  • Headquarters: San Francisco, CA
  • Mission: To develop technologies that clear the path for humanity to engage with what truly matters

Key Product: JACE

  • Description: JACE is an AI agent based on large language models (LLMs), designed to perform actions in the browser similarly to a human user. It excels in managing complex tasks that involve web automation, interaction, and direct communication.
  • Core Technology: Zeta Labs’ proprietary web-interaction model, AWA-1 (Autonomous Web Agent-1), enables JACE to reliably execute tasks over long periods, handling challenges and inconsistencies commonly found in web interfaces.

Unique Capabilities:

  • Complex Task Management: Unlike traditional AI chatbots, JACE goes beyond text generation by performing actions in the digital world, such as booking trips, paying invoices, and setting up job posts.
  • Cognitive Architecture: JACE’s complex cognitive architecture allows it to complete high-difficulty tasks by controlling and performing actions in the browser.
  • Training: JACE learns through extensive simulated interactions and utilizes synthetic data for rapid self-improvement.

Use Cases:

  • Routine Tasks: Making restaurant reservations
  • Complex Projects: Setting up recruitment pipelines, starting businesses
  • Proven Efficacy: Successfully created a math tutoring company from scratch, including creating a business plan, registering the business, finding the first client, and making the first revenue within two weeks.

Performance:

  • Internal Benchmark Tests:
  • Task Completion Success Rate: 89% using AWA-1 model
  • Comparison: 68% with GPT-4o, 25% with an open-source web agent using GPT-4o

Vision and Future Plans:

  • Expansion: The funds will be used to expand the engineering team, host training models, and enhance JACE’s infrastructure for improved speed and reliability.
  • Innovation: Zeta Labs aims to enable AI models to interact with the digital world, making web navigation intuitive and efficient.

Founders’ Background:

  • Peter Albert: Launched his first e-commerce business eight years ago, noticing extensive office time spent on repetitive tasks. Part of the core team behind Llama 2 at Meta.
  • Fryderyk Wiatrowski: Co-founder, connected with Albert during their time at Meta.

Investor Perspective:

  • Daniel Gross: Emphasized the potential of Zeta Labs to transform AI by enabling it to understand and use web browsing, a significant paradigm shift in AI capabilities.

Contact and Additional Information:

  • Website: Zeta Labs
  • Sign Up for JACE’s Waitlist: Available on their website

Zeta Labs, through JACE, is set to redefine the capabilities of AI agents by allowing them to perform complex, multi-step tasks autonomously, marking a significant advancement in the field of AI.

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