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Today: October 8, 2024
September 14, 2024
1 min read

AI Startup World Labs Secures $230M Funding from Top Investors



TLDR:

– AI startup World Labs launched with over $230 million in total funding led by Andreessen Horowitz, NEA, and Radical Ventures.

– Co-founded by Fei-Fei Li, World Labs aims to enhance AI models with spatial intelligence to perceive and interact with 3D worlds.

AI startup World Labs recently launched with more than $230 million in total funding, co-led by Andreessen Horowitz, NEA, and Radical Ventures. Other notable investors include Marc Benioff, Ashton Kutcher, and NVIDIA’s venture arm. The company, co-founded by Fei-Fei Li, a pioneer in artificial intelligence, aims to enhance AI models by imbuing them with spatial intelligence to interact with 3D worlds. Li, known as the “godmother of AI,” has been at the forefront of AI development, previously leading AI at Google Cloud and serving as a co-director of the Stanford Institute for Human-Centered Artificial Intelligence.

The latest funding round for World Labs is just one of many significant investments in the AI sector, showcasing the continuous interest from investors in AI technology. Other notable raises in the AI space include Safe Superintelligence’s $1 billion funding round and Glean’s Series E round, which raised more than $260 million. These investments highlight the growing importance of AI innovation and the potential for transformative advancements in the field.


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