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World Labs launched with over $230M in funding co-led by Andreessen Horowitz and Nvidia's venture arm to develop advanced spatial intelligence AI technology.

Sep 13, 2024over 1 year ago

Amount Raised

$230 Million

StanfordNatural Language ProcessingMachine LearningArtificial IntelligenceSoftware

Investors

N VenturesDatabricks VenturesAmd VenturesAdobe VenturesAshton KutcherMarc BenioffRadical VenturesNeaAndreessen Horowitz

Description

AI startup World Labs has launched successfully with $230 million in funding, co-led by Andreessen Horowitz, NEA, and Radical Ventures. The financing round positions the startup for significant growth in spatial intelligence AI technologies.

Company Information

Company

World Labs

Location

Stanford, Kentucky, United States

About

World Labs is a spatial intelligence AI startup co-founded by Fei-Fei Li, an artificial intelligence pioneer. The company aims to enhance AI models by transitioning them from 2D pixel representations to 3D worlds, allowing for rich spatial intelligence. Their goal is to imbue AI with the ability to perceive and interact with both virtual and real environments, akin to human spatial understanding. The company has garnered significant funding, emphasizing the growing interest in AI technologies.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech