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  • September 27, 2024
  • Dilna Parvin
Shaping the Future of AI: Convergence’s Proxy Transforms Daily Workflows with Continual Learning.

In a significant leap for the artificial intelligence (AI) industry, Convergence, a personal AI startup founded in April 2024, has secured $12 million in pre-seed funding to develop its innovative AI assistant, Proxy. The funding round was led by Balderton Capital, with participation from Salesforce Ventures and Shopify Ventures.Convergence was co-founded by Marvin Purtorab, CEO, and Andy Toulis, CTO, both seasoned machine learning experts who previously collaborated at Shopify and Cohere. Their shared vision for Proxy is to reshape how AI integrates into daily life, creating a personalized assistant that learns and adapts over time to both professional and personal tasks.

Proxy’s core feature is its ability to learn continuously, making it more than just a static AI tool. Through the use of large meta-learning models (LMLM), Proxy mimics human learning, retaining information and improving as it interacts with users. This memory integration allows it to handle a wide range of tasks, from scheduling meetings to ordering groceries, making it highly adaptable in both work and personal environments.

Unlike traditional AI assistants, which are typically limited to predefined tasks, Proxy’s revolutionary approach enables it to learn new skills over time, enhancing its efficiency and versatility. As a result, the AI agent can relieve users of repetitive tasks, increasing productivity while providing personalized support tailored to each user's unique needs.

The rapid progress of Convergence has not gone unnoticed, with Balderton Capital leading the investment round alongside contributions from Salesforce Ventures and Shopify Ventures. The confidence shown by these major players highlights Proxy’s potential to disrupt the AI assistant space. Investors are drawn to the platform’s advanced capabilities, especially its memory-based model that allows the AI to grow with its users—learning, adapting, and improving over time.

Convergence’s rapid development—from concept to product launch in just three months—can be attributed to its elite team of AI specialists, many of whom have experience at top firms like Google DeepMind, Meta, and PolyAI. This expertise has allowed the startup to develop cutting-edge AI solutions that go beyond traditional applications.Purtorab and Toulis, who honed their skills working on AI assistants and recommender systems at Shopify, have leveraged their deep knowledge of AI-driven solutions to build Proxy as a next-generation assistant that works seamlessly across different industries and contexts.

Proxy’s unique combination of memory and continual learning is positioned to redefine AI’s role in personal and professional settings. Its ability to learn from user interactions, retain that knowledge, and evolve autonomously makes it a standout in a crowded market of task-specific AI tools. Whether managing business workflows or assisting with personal errands, Proxy aims to enhance both work-life balance and efficiency.As Convergence continues to develop Proxy, the platform’s potential applications stretch across multiple industries, from retail and healthcare to finance. Its flexibility, combined with its capacity to improve over time, could streamline operations and personalize services, making it an indispensable tool for both enterprises and individual users.

With the backing of major investors and a talented team, Convergence is set to revolutionize AI technology, pushing the boundaries of what intelligent assistants can achieve. Proxy’s development marks a bold step toward a future where AI doesn’t just complete tasks—it grows alongside its users, continuously adapting to meet their evolving needs.