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Shreds

USA, California
Market: Artificial Intelligence
Stage of the project: Prototype or product is ready

Date of last change: 06.05.2024
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Idea

Our AI is the first "Meta-AI" capable of generating complexe software for businesses in record time from simple descriptions. It can also maintain software and evolve it.

Current Status

- Stellantis and RTE, two billion-dollar companies, have been testing it for 2 months at no charge, as we needed to quickly refine the product.
- We are in the midst of negotiations with RTE for a partnership to incorporate Shreds into their workflow. RTE will become a paying customer upon agreement.
- Several startups are set to begin paying for the product following a 1-month trial period.

Problem or Opportunity

-Software is hard to staff, expensive, takes too much time to develop, difficult to keep up with technological evolution, hard to maintain, and challenging to change its technology.
- As a software architect, I've seen companies struggle with integrating ChatGPT into their workflows. Ultimately, its use depends on the developers, leading to missed opportunities.

Solution (product or service)

- SHREDS is the first "Meta-AI" capable of generating complex, business-grade software from simple descriptions in record time.
- It slashes the time to market for software, along with team sizes and costs, by over 80%.
- Deployable on business servers and fully operational offline, addressing the privacy concerns of companies reluctant to adopt generative AI.
- Solves software obsolescence problem and make it easy to switch technology used in a software.
- Offers a Marketplace with a worldwide network of developers, enabling companies to human-validate generated code at low cost.

Business model

1- We charge $999 per 1,000 coins. To generate an average software, it would cost about $20,000 worth of coins.
2- We take a 30% commission on every transaction in the marketplace where code is validated.
In the long term, we'll continue selling coins to customers as they will need them to evolve their software, switch technologies, or update their systems.

Team or Management

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