VentureBeat June 27, 2024
Orby AI, a startup building a generative AI platform to automate repetitive and tedious enterprise work, announced today that it has raised $30 million in a Series A funding round. The company also unveiled its new “large action model” technology that powers its AI agents to learn and automate complex business processes.
“We are launching our Series A fundraise—it’s $30 million,” said Bella Liu, co-founder and CEO of Orby AI, in an interview with VentureBeat. “Alongside it, we’re also announcing our big platform technology. We call it a ‘large action model’ — if you can imagine, it’s like a GPT-type of model — it’s really, really big. The input is all the actions the model observes, and the output is...