Personal AI

Overview
News
Generative AI Applications?
Product stageSegments
Early
?
Multi-turn text generation
?

Personal AI is a platform that helps users augment their memory by storing and resurfacing personal information, experiences, and insights from various sources such as conversations, notes, social media, and web browsing history. The core product is a "Memory Stack," which acts as a digital repository of an individual's memories and data over time. Trained AI models then analyze this Memory Stack to provide contextual recall and suggestions when needed.

The platform consists of three key components: 1) A system to capture and structure memories into standardized "memory blocks" tied to specific times and contexts; 2) the Memory Stack, which stores all these memory blocks for an individual; and 3) a conversational interface where users can interact with AI models trained on their Memory Stack for information retrieval and ideation.

Personal AI emphasizes privacy and user ownership, with each user's Memory Stack stored as an encrypted asset only they control the keys for. The company has integrated blockchain technology to ensure data portability and prevent unauthorized access, even in scenarios like acquisitions. 

The startup's mission is to reduce the cognitive load on humans by outsourcing memorization to AI while allowing them to focus on creativity, analysis, and relationship-building. Key product differentiators are the ability to automatically capture passive data streams, structure these into coherent memories over time, and provide proactive resurfacing through personalized AI models.

Key customers and partnerships

Personal AI caters to a wide range of users across domains like research, journalism, activism, entrepreneurship, education, and creative fields. 

The startup has partnered with researchers and thought leaders to develop techniques for training personal AI models on large memory datasets. It has also integrated with cloud storage providers like Google Drive and partners like Zapier to enable seamless data capture across apps and services.

Personal.ai has also entered product improvement partnerships, including 1) Oasis, to create tools for data confidentiality and privacy-focused AI (February 2023) and 2) Speechmatics to utilize its technology to enable Personal AI users to record their voice memories (December 2021). 

Funding and financials 

In January 2023, Personal AI raised USD 7.8 million in a seed funding round led by several investors, including Supernode Global, Differential Ventures, BBG Ventures, Beni VC, Village Global, Keshif Ventures, Good Friends, Rob Granieri of Jane Street Capital, Kelvin Beachum of the Arizona Cardinals, Anirudh Koul of Pinterest and Microsoft, and Bradley Taylor of Google Moonshot. The funds were slated for accelerating growth and expanding operations. 

Key competitors: None comparable (Personal AI is the only company in coverage to utilize personal memory to train models.)

HQ location:
New York NY USA
Founded year:
2020
Employees:
11-50
IPO status:
Private
Total funding:
USD 8.4 mn
Last Funding:
-
Last valuation:
USD 11.0 mn (Feb 2020)
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