Forget AI coding agents. One startup is now working on an AI CEO that it hopes could automate an entire business from end to end. Skyfall AI came out of stealth this week after spending the past year developing AI systems that are designed to make the long-term decisions typically handled by company executives. Now, the startup wants to put its technology to the test in the real world by buying a small SaaS or e-commerce business for up to $1 million and letting its AI run much of the company. “Skyfall builds AI agents that can run a company on their own, and we’re proving it by buying software businesses to operate ourselves,” the company’s website reads. “If you’ve built a real product with paying customers and you’re ready to hand it off, we want to hear from you.”

Forbes reports that the AI would oversee areas including pricing, marketing, customer support, finance and operations as it gradually reduces human involvement. The overall goal is to double the acquired company’s revenue in just six months.

Skyfall was founded by Sam Pasupalak, Kaheer Suleman, and Sumit Pasupalak. Sam Pasupalak and Suleman previously co-founded the deep learning startup Maluuba, which Microsoft acquired in 2017. With Skyfall, the founders are now trying to move beyond limitations they see in large language models like ChatGPT, Claude, and Gemini. “For the last 5 years, the foundational model market has relied on a single paradigm: scaling laws for LLMs – more data, more compute, bigger models,” Sam Pasupalak wrote in a post on X. “However, the real world is messy and much more complicated. In order to achieve our long term vision, the next generation of AI models requires a different approach.”