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Ex-DOGE Staffers Launch AI Venture to Cut Corporate Waste

Summary

  • Two former DOGE staffers started a new company called Special.
  • Special will use AI to buy companies and eliminate waste.
  • Elon Musk allies have provided funding for the new venture.
Ex-DOGE Staffers Launch AI Venture to Cut Corporate Waste

Nate Cavanaugh and Justin Fox, formerly with the Department of Government Efficiency (DOGE), have established a new company called Special. This private sector venture intends to acquire businesses and streamline operations through artificial intelligence, mirroring DOGE's cost-cutting ethos. The firm announced Tuesday that it has secured undisclosed funding.

Notable backers of Special include allies of Elon Musk, such as Antonio Gracias of Valor Equity Partners, former xAI CFO Anthony Armstrong, and Steve Davis. Venture capital firm Andreessen Horowitz also led an investment. Special plans to vertically integrate companies, automate tasks, and manage customer experience via a proprietary operating system. The company has already agreed to purchase a Texas-based health firm, Figure Health, focusing on aging populations, with plans for future sector expansions.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.

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