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on September 8, 2026 at 2:16 am Eric Wu’s newest company, out of stealth since May, is going after construction’s labor crunch​Connie Loizos
HomeBusiness on September 8, 2026 at 2:16 am Eric Wu’s newest company, out of stealth since May, is going after construction’s labor crunch​Connie Loizos

Eric Wu, who built and ran Opendoor before stepping away in 2022, has had his new company, NavigateAI, out of stealth since May — building AI copilots that give construction workers real-time, hands-free guidance through smartphones and Meta's AI glasses, backed by $25 million from Elad Gil, Khosla Ventures, and Lennar to tackle a labor shortage severe enough that data center projects alone now need 4,000 to 5,000 workers apiece.

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