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New UK startup raises $12M for personal AI agents with long-term memory

DATE POSTED:September 25, 2024

London-based Convergence has raised $12mn in pre-seed funding to further develop its personal AI agents, which can learn using long-term memory much like humans do. Behind the startup are machine learning engineers Marvin Purtorab (CEO) and Andy Toulis (CTO). The duo met at Shopify while working on recommender systems and AI assistants. In 2023, they joined enterprise AI startup Cohere. In April 2024, they founded Convergence, assembling a team of Google DeepMind, Meta, and OpenAI alumni. Convergence’s Proxy AI agent has been developed for both employees and consumers. For employees, it can automate administrative and repetitive tasks and workflows to…

This story continues at The Next Web