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Elad Gil stories

Sep 8, 2026

Eric Wu's NavigateAI raises $25 million to build AI copilots for construction workers

NavigateAI, founded by former Opendoor CEO Eric Wu, emerged from stealth in May with $25 million in funding from Elad Gil and Khosla Ventures. The company is developing AI copilots that provide real-time, hands-free guidance to construction workers through smartphones and Meta's AI glasses.

Sep 8, 2026·1 source
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Aug 10, 2026

Applied Compute seeks funding at $3 billion valuation in round led by Elad Gil

California-based Applied Compute, which helps companies develop and deploy open-weight AI models, is in talks to raise hundreds of millions of dollars at approximately a $3 billion valuation in a funding round led by investor Elad Gil.

Aug 10, 2026·2 sources
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Top claims

  • ▪NavigateAI should not sell video recordings of construction workers to robotics companies
  • ▪NavigateAI's adoption rates split sharply between younger construction workers who embrace the technology and veteran 30-year journeymen who resist using it.
  • ▪NavigateAI founder Eric Wu chose not to establish a board of directors initially to focus on customers rather than corporate governance.

Topics

Wearables & health trackingAI assistants & chatbotsVenture capital fundingAI startupsAI tools & productsAI for developersCompute, chips & AI infrastructureOpen models vs closed models