What happened
AI app Wabi said it closed a $55 million funding round, bringing its valuation to $1.25 billion. The announcement came on Thursday, October 29.
A repositioning
Wabi no longer describes itself simply as an AI agent that builds mini apps; it now calls itself a "personal agent." That suggests a push from a single function toward a broader personal assistant role.
Why it matters
A valuation above $1 billion shows investor appetite for AI agents is still strong. The source does not name the round's lead investor, the full investor list or user numbers.
