Mindverse AI Developing API Interface with Alibaba and a16z-backed Cider as Users

Singaporean startup, Mindverse AI, is reportedly developing a business-friendly API interface. The interface will assist businesses in creating intelligent agents possessing distinct skill sets. The company aims to achieve this by utilizing OpenAI’s GPT LLMs. Mindverse’s AI agents, similar to ChatGPT, have already attracted early users. These users include an unknown platform in Alibaba’s ecosystem. Another user is a fashion startup called Cider (a16z-supported), and currently testing the virtual assistant. Additionally, the web3 education resource, Hooked, uses Mindverse AI to assist users in navigating its website.

An excellent piece by @TechCrunch on MindOs' deployment, from investments, industrial applicability and more! A few of our early users include:
✅Alibaba – An e-commerce giant
✅Cider – Fashion start-up
✅Hooked- A web3 education platformhttps://t.co/ivhk12is1u #AIBusiness #AI

— MINDVERSE AI (@MINDVERSE_AI) April 25, 2023

Mindverse AI Fundraising

The company is close to the conclusion of Series A funding. This funding round aims to come up with $10 million. It is not unexpected that investors are enthusiastic about the potential of Mindverse AI’s technology, given the experience of its founder, Fangbo Tao.

Tao’s background includes working on Facebook’s platform for content understanding. Moreover, Tao helped to establish the in-house AI laboratory at Alibaba, Hangzhou, before launching his company.

The previous funding round generated $7 million. Sequoia China was the leading investor. Other investors include Yinxinggu Capital, Linear Capital, K2 Venture, etc.

The new funding round will provide Mindverse AI with the resources necessary to continue to develop its AI agents and expand its reach in the market

More about Mindverse AI

Mindverse AI offers a unique platform that enables clients to develop specialized intelligent agents that work for different domains in a streamlined manner. When a customer visits a Mindverse AI online store AI, a chatbot integrated with all the site’s data inventory welcomes them. In response to a user’s query, the bot peruses the catalog and provides a curated selection of relevant goods.

The site communicates and interacts in an approachable, humanlike way and provides alternate options. This way, the bot will adjust its suggestions based on what it learns from interactions in real-time.

The featured image is from au.finance.yahoo.com