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OpenAI invests in AI agent startup Isara, valued at $650 million
Mars Finance news: According to The Wall Street Journal, OpenAI invested in an AI startup called Isara. The company was founded by two 23-year-old researchers and aims to develop software that can coordinate thousands of AI agents working together to solve complex problems in fields such as finance and biotech. Isara recently completed a $94 million financing round at a $650 million valuation. Investors include Michael Ovitz and Stanley Druckenmiller, with OpenAI participating. In June last year, the company’s founders jointly published an academic paper outlining the idea of improving policy making through collaboration across AI systems. To date, the company has recruited around 12 researchers from companies including Google, Meta, and OpenAI. The company plans to first sell to investment firms software for predictive modeling and has already demonstrated the ability to coordinate about 2,000 AI agents to forecast gold prices.