Artificial intelligence

Prentis AI lab co-founded by Reid Hoffman, Marc Pincus seeks $100M

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Prentis AI lab co-founded by Reid Hoffman, Marc Pincus seeks $100M
Photo: Brecht Corbeel · Unsplash
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A new artificial intelligence lab called Prentis, co-founded by LinkedIn co-founder Reid Hoffman and Zynga founder Marc Pincus, is in discussions to raise $100 million in funding. The lab aims to focus on automating routine computer tasks, betting that this application will soon surpass coding as the primary use case for AI technology. The funding round would value the company at a significant amount, though specific valuation details were not disclosed. Prentis is still in its early stages and has not yet launched any products or services. The lab's approach involves developing AI agents that can perform common digital chores, such as scheduling meetings, managing emails, or processing data, without human intervention. This strategy reflects a growing trend in the AI industry toward practical, task-oriented automation rather than more complex generative AI models. Hoffman and Pincus bring substantial tech and entrepreneurial experience to the venture, with Hoffman having previously co-founded LinkedIn and served on the board of OpenAI, while Pincus founded the social gaming company Zynga. The $100 million target suggests strong investor interest in AI-driven productivity tools. If successful, Prentis could accelerate the shift toward AI handling everyday computer work, potentially reshaping how businesses and individuals interact with technology. The lab's next steps will likely involve finalizing the funding round and beginning development of its AI agents, though no timeline for product releases has been announced.

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