Story of David Stout: Founder and CEO of webAI -Entrepreneur

Story of David Stout: Founder and CEO of webAI -Entrepreneur

Story of David Stout: Founder and CEO of webAI -Entrepreneur#startup#age#net worth#David Stout story#AI faster, safer, and more accessible#AI story

Story of David Stout and webAI:

David Stout is an entrepreneur and AI scientist who has spent years shaping the future of artificial intelligence. As the co-founder and CEO of webAI, he has dedicated his career to creating technologies that make AI faster, safer, and more accessible. His journey reflects both innovation and a commitment to solving the most pressing challenges in technology today.

Founding webAI

In December 2019, David joined forces with Ethan Baird and Tyler Mauer to launch webAI in Austin, Texas. Their goal was clear: to simplify the way AI models are trained, deployed, and executed. By combining cloud services with local devices, they created a system that worked seamlessly across platforms, paving the way toward the long-term goal of Artificial General Intelligence (AGI).

Empowering Businesses with AI

webAI focuses on giving businesses direct control over AI without relying heavily on cloud infrastructure. This approach ensures complete data privacy while lowering costs. By enabling AI to run directly on devices such as laptops, tablets, and phones, companies can now harness AI power even in offline settings, making solutions more secure and efficient.

A Milestone in Growth

In 2024, webAI reached an important milestone by raising Series A funding of $43 million. With contributions from investors like Forerunner Ventures, Mike Abbott, David Beirne, and David Shuman, the company’s valuation rose to $700 million. In total, webAI has raised $60 million, highlighting the confidence investors have in its groundbreaking vision.

Innovative Product Line

The company has introduced powerful tools to make AI more practical for organizations. Navigator helps users train AI models using existing hardware through a simple drag-and-drop interface. webAI Assistant works natively on devices, eliminating the need for outside networks. Meanwhile, webFrame splits large AI models into smaller components, running them across multiple Apple devices to mimic advanced GPU clusters.

Privacy and Security First

One of webAI’s strongest commitments is to data privacy. By keeping AI processing on local devices, users maintain full control over sensitive information. This method also reduces latency, enhances speed, and removes the risks associated with cloud storage, making webAI particularly attractive to enterprises concerned about confidentiality.

The Role of Apple Devices

webAI’s platform is especially designed for Apple hardware, including Macs, iPads, and iPhones. Leveraging Apple’s powerful silicon, businesses can run advanced AI models without buying expensive external servers. This approach not only reduces costs but also makes cutting-edge AI technology more accessible to organizations of all sizes.

Story of David Stout: Founder and CEO of webAI -Entrepreneur#startup#age#net worth#David Stout story#AI faster, safer, and more accessible#AI story

David’s Broader Influence

Beyond webAI, David also founded Ghost House Technology in 2016, focusing on neural networks and frequency technology. His influence extends to policy and leadership, as he became a Term Member of the Council on Foreign Relations in 2025, where he contributes to discussions shaping global technology and innovation.

Academic Journey and Expertise

David studied computer science with a focus on AI and machine learning at Stanford University through its online program, though he did not complete his degree. He later pursued education at Davenport University. Despite not following a traditional academic path, his expertise in AI, transformers, and advanced systems is widely recognized.

Building the Future of AI

Today, David Stout continues to push the boundaries of artificial intelligence. Through webAI, he is laying the foundation for not just AGI, but potentially Super Intelligence. His vision is to create AI that is scalable, efficient, and user-friendly—making powerful technology available to both individuals and enterprises, while keeping privacy, cost-effectiveness, and performance at the core.

Timeline of David Stout & webAI

Before 2016 – David develops a strong interest in computer science, AI, and machine learning. Studies AI/ML at Stanford University (online) but does not complete the program. Later attends Davenport University.

May 2016 – Founds Ghost House Technology in Michigan, focusing on neural networks and frequency technology

Dec 2019 – Co-founds webAI™ in Austin, Texas, with Ethan Baird and Tyler Mauer. Vision: run AI directly on devices instead of relying on the cloud.

2019–2020 – Early development of webAI, focusing on creating a unified execution layer for AI models to integrate cloud and local devices seamlessly.

2021–2023 – webAI gains recognition. Launches products like Navigator, webAI Assistant, and webFrame. The company attracts enterprise interest for its privacy-first approach.

2024 – Achieves Series A funding of $43M, bringing total funding to $60M and company valuation to $700M. Investors include Forerunner Ventures, Mike Abbott, David Beirne, and David Shuman.

2024 – Expands platform features: AI models now optimized for Apple devices (Mac, iPad, iPhone) using Apple silicon for cost savings and efficiency.

June 2025 – David becomes a Term Member of the Council on Foreign Relations, reflecting his influence in shaping global conversations around AI.

2025–Present – webAI continues growing as a leading privacy-focused AI platform, enabling businesses to run AI models locally, reduce latency, and maintain full control of data.

Future Vision – David aims to go beyond Artificial General Intelligence (AGI) and build the path toward Super Intelligence (SI), focusing on scalability, efficiency, and user-friendly AI systems.

Story of David Stout: Founder and CEO of webAI -Entrepreneur#startup#age#net worth#David Stout story#AI faster, safer, and more accessible#AI story

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