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September 27.2025
2 Minutes Read

Circuit & Chisel Raises $19 Million to Transform AI Agents for Businesses

Futuristic AI agents for small businesses interacting with icons.

Why AI Agents Still Haven't Taken Off

For entrepreneurs and business owners, the promise of AI agents has always seemed just within reach. Yet, companies like Circuit & Chisel, founded by former Stripe employees, are revealing that this technology hasn’t quite taken flight yet. These founders are working to solve a key shortcoming in current AI systems: the lack of truly autonomous "agentic AI." Most existing systems, like Siri, merely assist with tasks rather than perform them independently.

Paving the Way with New Protocols

The founders are introducing a new protocol named ATXP, transcending the limitations of today's AI interactions. Just as HTTP enabled seamless communication over the web, ATXP aims to allow AI agents to transact seamlessly across various platforms and payment methods. Imagine your AI agent handling everyday tasks—like purchasing groceries or booking a dinner reservation—without your direct involvement.

Backing from Fintech Giants

Circuit & Chisel recently raised $19.2 million in seed funding from an impressive mix of fintech companies, including Stripe and Coinbase. This support not only underscores the potential of their protocol but shows a rare moment of collaboration among potential competitors. The emphasis on neutrality in their protocol is key, as it seeks to foster trust and empower agents to operate fairly, regardless of financial systems in place.

What This Means for Small Businesses

As small and medium-sized business owners, the evolution of AI agents represents an exciting opportunity for automating tasks and enhancing efficiency. The potential applications range from customer service automation to streamlined procurement processes. Such tools may soon transform how you interact with technology, potentially leveling the playing field in your industry.

Take Action Toward AI Adoption

As this technology matures, consider how AI agents could fit into your business model. Equip yourself with knowledge of emerging technologies and explore how they can facilitate smoother operations. The experience of Circuit & Chisel may inspire you to adopt AI solutions in practical ways, directing your focus on efficiency and innovation.

If you want to understand how to implement AI in your business, it’s time to keep an eye on developments like ATXP and others. Explore these opportunities today to prepare for a future where AI can be your right-hand partner in achieving your business goals.

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