MythWorx, an innovative AI startup, has secured $5 million in seed funding, achieving a remarkable $100 million valuation. The company’s advanced AI model, Echo Ego v2, has set a new standard by scoring 100% on the ARC-AGI-1 benchmark without pre-training and using minimal power. This model surpasses traditional large language models by operating with significantly less computational power and delivering responses up to eight times faster. MythWorx’s approach focuses on genuine reasoning capabilities rather than relying on pattern recognition or pre-trained strategies. CEO Jason Williamson highlights the funding as a testament to their groundbreaking technology, which promises smarter and more efficient AI solutions. The investment will support MythWorx’s expansion and accelerate its market strategy, targeting collaborations with major tech firms and government sectors. Despite its compact size, the model consistently outperforms much larger counterparts, showcasing its efficiency and capability across various tasks without the need for retries or pre-training. Co-founder Wade Myers emphasizes the strategic move towards licensing their AGI technology to sectors eager for advanced reasoning capabilities.
Is MythWorx revolutionizing AI with its $100M valuation and groundbreaking technology?
