This Week in Startups

Rabbit CEO Jesse Lyu on launching the R1, future of AI hardware, and going viral at CES | E1885

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Jan 24, 2024
Jesse Lyu, CEO of Rabbit and AI hardware expert, dives into the exciting launch of the R1, a pocket-sized AI companion that went viral at CES. He shares insights on the unique design and ambitious vision behind the device. The conversation explores the challenges of pricing and manufacturing, along with the evolution of user-friendly AI, emphasizing human-like learning in robotic process automation. Lyu also touches on future innovations in technology, revealing how Rabbit is set to redefine personal devices.
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ANECDOTE

Underestimated Demand

  • Jesse Lyu expected to sell only 3,000 Rabbit R1 units initially.
  • Actual pre-orders exceeded 60,000, demonstrating unexpected viral demand.
INSIGHT

Hardware Profit Model

  • Rabbit R1 profits from hardware sales, not subscriptions, unlike traditional phone models.
  • The device uses a SIM tray for cost reduction and broader market access.
INSIGHT

Large Action Model

  • Instead of a Large Language Model (LLM), Rabbit R1 utilizes a "Large Action Model" (LAM).
  • The LAM uses a neuro-symbolic approach, trained on human-computer interaction data.
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