Silicon Valley’s latest tech darling is making waves in the AI landscape. Sierra Technologies, the brainchild of OpenAI Chairman Bret Taylor, is set to lease a whopping 300,000 square feet in the China Basin area, signaling its aggressive growth strategy in the competitive artificial intelligence market.

Founded in 2023 by Taylor and his former Google colleague Clay Bavor, Sierra has quickly emerged as a formidable player in the AI agent space. The startup, which develops AI systems capable of performing complex tasks within company infrastructures and handling customer support, has already secured notable clients including Clear, ADT, and Sirius XM.

With a staggering $635 million in funding and a current valuation of approximately $10 billion, Sierra is positioning itself as a direct competitor to tech giants like Salesforce. Taylor, who previously served as co-CEO of Salesforce and has an impressive tech pedigree including roles at Facebook and founding Quip, is leveraging his extensive network and experience to drive the company’s expansion.

The new office space at the historic Wharfside Building represents the largest office lease in San Francisco since OpenAI’s acquisition of the Old Navy headquarters. This move comes on the heels of the company’s recent international expansion, with a new regional office just announced in Singapore to tap into the Southeast Asian market.

The China Basin complex, which currently sits about half-vacant, will now be home to Sierra’s growing operations. With Lyft already occupying part of the space, the area continues to be a strategic location for tech companies looking to establish a strong presence in the Bay Area.

As AI technology continues to evolve and reshape industries, Sierra’s ambitious expansion suggests that Taylor and his team are betting big on the transformative potential of AI agents. Their rapid growth and significant funding indicate a promising trajectory in the ever-expanding world of artificial intelligence.