Draft:Rabbit Inc.
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Rabbit, Inc. (stylized as rabbit) is an American consumer electronics and AI startup company founded in 2021 by Jesse Lyu. The company created and produces the Rabbit R1, it was announced on January 9, 2024, and the first 2 batches (20,000) sold out within 2 days.[1][2]
| Founded | 2021 |
|---|---|
| Founder | Jesse Lyu |
| Headquarters | Los Angeles, CA |
| Products | Rabbit R1 |
Number of employees | 5-10 |
| Website | rabbit |
History
Rabbit was founded by Jesse Lyu in 2021 as Cyber Manufacture Company, creating the GAMA NFT. Lyu previously founded Raven Tech.
The company raised $30 million in 2023.[3][4] This money went towards developing a "new device to eventually replace phones".[5][6]
The company showcased their first product, rabbit r1, on January 9, 2024, and quickly sold out initial batches.[7][8] The r1 is a device similar to Humane's Ai Pin. It uses artificial intelligence to complete tasks on the user's behalf using what rabbit refers to as a large action model (LAM).
The headquarters is located in Los Angeles, California.[9]
See also
References
- ^ Roth, Emma (2024-01-10). "Rabbit sells out two batches of 10,000 R1 pocket AI companions over two days". The Verge. Retrieved 2024-01-12.
- ^ "Rabbit sells 10,000 of its R1 AI pocket companions in one day". ZDNET. Retrieved 2024-01-12.
- ^ "rabbit inc. Raises Additional $10M to Launch First AI Hardware to Replace App-based Operating Systems". www.businesswire.com. 2023-12-21. Retrieved 2024-01-12.
- ^ Schwartz, Eric Hal (2024-01-08). "Generative AI Hardware Startup Rabbit Reaches $30M in Funding Round". Voicebot.ai. Retrieved 2024-01-12.
- ^ "Meet Rabbit R1: A Palm-Sized Gadget That Wants to Outsmart Your Phone". CNET. Retrieved 2024-01-12.
- ^ "Startups Are Racing to Create the iPhone of AI". TIME. 2024-01-10. Retrieved 2024-01-12.
- ^ "Introducing r1, a Pocket Companion That Moves AI from Words to Action". Yahoo Finance. 2024-01-09. Retrieved 2024-01-12.
- ^ SamMobile; Matei, Mihai (2024-01-11). "Rabbit r1, an unusual pocket-sized digital assistant, sells out in one day". SamMobile. Retrieved 2024-01-12.
- ^ Takahashi, Dean (2024-01-09). "Rabbit unveils r1 AI pocket companion to handle tasks for you". VentureBeat. Retrieved 2024-01-12.