Godmother of AIâ launches World Labs with $230M funding at $1B valuation
#Valuation The companyâs focus will be on developing artificial intelligence with 3D perception.
Artificial intelligence startup World Labs announced its official launch on Sept. 13. The firm is reportedly valued at over $1 billion and has raised more than $230 million in funding to build âspatial intelligenceâ systems.Â
World Labs was co-founded by Fei-Fei-Li, the former Google Cloud AI boss. Due to her involvement in much of the foundational research behind modern generative artificial intelligence, Fei-Fei-Li is often referred to as the âGodmother of AI.â Sheâs also the current co-director of the Stanford Institute for Human-Centered Artificial Intelligence.Â
Spatial artificial intelligence
#IntelligenceEconomy World Labs describes its primary product as âLarge World Modelsâ (LWMs). In a blog post announcing the companyâs launch, it pointed out that current generative AI models can only interact with the world through text, audio, and video.Â
Humans, on the other hand, experience the world as a three-dimensional space with physics that relates to the passage of time.Â
âTo advance beyond the capabilities of todayâs models,â the World Labs team wrote, âwe need spatially intelligent AI that can model the world and reason about objects, places, and interactions in 3D space and time.â
World Labs aims to bridge the gap between AI models that interpret the world through a 2D lens and artificial agents capable of perceiving 3D worlds by âcreating and editing virtual spaces complete with physics, semantics, and control.â
Per the blog post:
âWe hope this will unlock new capabilities for creative users and professionals such as artists, designers, developers, and engineers. It will also allow anyone to imagine and create their own worlds, expanding the potential of generative AI from 2D images and videos to 3D worlds.