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On April 30, 2026, entrepreneur and Stanford dropout Div Garg shared the story of a high-stakes gamble that is currently paying off. Faced with a $1 million job offer from OpenAI, Garg chose instead to double down on his own vision: AGI Inc., a startup aiming to eliminate the manual labor of using a smartphone.
The gamble seems to have worked. Today, AGI Inc. boasts a 500,000-person waitlist and is projecting $20 million in revenue for the coming year.
From Stanford PhD to Startup Lab
Garg’s pedigree in AI is deep. With a decade of experience at Google, Apple, and Nvidia, and a PhD track at Stanford (where he earned over 3,000 citations), he initially founded MultiOn, raising $30 million. However, he eventually spun out a new lab, AGI Inc., to focus on a "research-first" approach to AI agents.
The Vision: An "Appless" Future
While current AI assistants like Siri often struggle with anything beyond setting a timer, Garg’s product is designed to operate a phone’s interface using natural language across any application.
The Concept: A voice-driven "super assistant" that handles repetitive digital tasks.
Use Cases: Ordering an Uber, booking dental appointments, replying to emails, or automating Salesforce workflows—all hands-free.
The Goal: Moving toward an "appless" phone where the AI manages the software so the user doesn't have to.
Turning Down the OpenAI "Golden Handcuffs"
When OpenAI offered Garg a near-million-dollar salary, he turned to his 22,000 Twitter followers for advice. The consensus was clear: keep building.
"In a big company, you’re often a cog in the wheel... You can always find a job later, but startup opportunities are time-sensitive," Garg told Entrepreneur.
Growth, Revenue, and Challenges
AGI Inc. has scaled rapidly through viral video content and word-of-mouth referrals.
Financials: The company currently sees $1 million in revenue, with a 20x growth projection for the year.
Reliability: A major hurdle remains agent accuracy. Garg admits early versions struggled with complex tasks (1,000+ steps), leading to errors in sensitive areas like AWS infrastructure.
Safety: To protect against financial "hallucinations" or hacking, the company is implementing strict safety protocols for banking and finance-related tasks.
What’s Next?
Currently integrated with Android and partnering with Samsung, AGI Inc. plans to launch its iOS product within the next month. The ultimate goal is to move from a reactive assistant to a proactive one—an AI that knows you're going to Paris and has already booked your itinerary and researched your dinner guests before you even ask.
Garg’s advice for fellow founders?
"Narrow your focus. Don’t try to solve every problem for everyone... Identify the one core user who really wants your product and get it into the hands of the first 100 people who love it."