A startup focused on spatial artificial intelligence World Laboratories launched on Friday with total funding of greater than $230 million.
Co-financing was provided by: Andreessen Horowitz, NEA AND Radical venturesOther investors include: Marc Benioff, Ashton Kutcher, Adobe Projects, AMD Projects, Databricks Projects AND Projectsenterprise capital arm Nvidia.
Just last month, news broke that the Stanford, California-based company had raised two rounds of funding inside two months of each other. The latest round valued the company at greater than $1 billion.
World Labs is co-founded by AI pioneer Fei Fei Licommonly known as the “Godmother of AI.” She previously led AI in Google Cloud and is co-director Stanford Institute for Human-Centered Artificial Intelligence. She has spent a lot of time trying to resolve the problems of building large models of the world for AI that may perceive and interact with the 3D world.
“Our goal is to take AI models from the 2D plane of pixels to full 3D worlds — both virtual and real — equipping them with spatial intelligence as rich as ours,” the company said. he said on its website, announcing its launch. “Human spatial intelligence has evolved over millennia; but in this time of extraordinary progress, we see the possibility of equipping AI with this capability in the near future.”
Artificial intelligence is as hot as ever
This round of funding is yet one other major investment by an AI startup, further demonstrating investors’ insatiable appetite for the technology.
Just last week, the AI research lab Safe superintelligence raised $1 billion from a variety of high-profile investors, including Andreessen Horowitz and Sequoia CapitalThe round values the company at $5 billion, in line with Reuters Agencywho was the first to report on this round.
This week, a startup offering an AI-powered work assistant and enterprise search Collect raised over $260 million in Series E funding at a $4.6 billion valuation, co-led by Altimeter Capital AND Global DST.
Of course, none of those amounts even come near the reported $6.5 billion. OpenAI It is reportedly in talks to boost capital at a staggering valuation of $150 billion.