Chollet backs 'AI CEO' Steve that runs acquired SaaS firms with P&L as objective function

fchollet · x · 2026-11-10

François Chollet highlighted SPIS's launch of Steve, billed as the first AI CEO running companies end-to-end via world models, recursive self-learning, a policy engine and specialist agents. The team has acquired 3 distressed SaaS apps for Steve to run and launched a $2M program to buy 5 more startups for automation. Chollet calls it the ultimate real-world eval: P&L as the objective function, the market as feedback.

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