Investing.com—AI startup World Labs, founded by AI pioneer Fei-Fei Li, raised $1 billion in a new funding round to advance its innovative approaches in AI development.
According to a blog post released by World Labs on Wednesday, Autodesk contributed $200 million to this round, with other major investors including Andreessen Horowitz, NVIDIA, and AMD.
Additional investors in this round include Emerson Collective, Fidelity Management & Research, and Sea Ltd.
The company did not disclose its valuation in the announcement, but Bloomberg previously reported that the company is in negotiations to raise funds at an estimated valuation of approximately $5 billion.
World Labs focuses on advancing spatial intelligence by building world models that can transform narratives, creativity, robotics, and scientific discovery. The company’s first product, Marble, allows users to create spatially coherent, high-fidelity, and persistent 3D worlds from images, videos, or text.
Fei-Fei Li’s previous work has played a key role in current AI innovation. She was a member of the ImageNet team, an academic project that created a database of millions of images to help improve computer object recognition capabilities.
This article was translated with the assistance of AI. For more information, please see our Terms of Use.
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World Labs led by Fei-Fei Li raises $1 billion for AI development
Investing.com—AI startup World Labs, founded by AI pioneer Fei-Fei Li, raised $1 billion in a new funding round to advance its innovative approaches in AI development.
According to a blog post released by World Labs on Wednesday, Autodesk contributed $200 million to this round, with other major investors including Andreessen Horowitz, NVIDIA, and AMD.
Additional investors in this round include Emerson Collective, Fidelity Management & Research, and Sea Ltd.
The company did not disclose its valuation in the announcement, but Bloomberg previously reported that the company is in negotiations to raise funds at an estimated valuation of approximately $5 billion.
World Labs focuses on advancing spatial intelligence by building world models that can transform narratives, creativity, robotics, and scientific discovery. The company’s first product, Marble, allows users to create spatially coherent, high-fidelity, and persistent 3D worlds from images, videos, or text.
Fei-Fei Li’s previous work has played a key role in current AI innovation. She was a member of the ImageNet team, an academic project that created a database of millions of images to help improve computer object recognition capabilities.
This article was translated with the assistance of AI. For more information, please see our Terms of Use.