Official press releases from World Labs or reputable news sources

Fei-Fei Li Raises $230M for AI Startup World Labs at $1B Valuation

Sep 13, 2024, 04:15 PM

Stanford computer scientist Fei-Fei Li has launched a new AI startup called World Labs, which aims to develop spatial intelligence in AI systems. The company has successfully raised $230 million in funding from notable investors including Andreessen Horowitz, Ashton Kutcher, and Nvidia. World Labs will focus on creating Large World Models (LWMs) that enable AI to perceive, generate, and interact with the 3D world. The startup emerged from stealth mode with a valuation reportedly at $1 billion. Fei-Fei Li, known as the 'Godmother of AI' and the visionary behind ImageNet, co-founded the company alongside Justin Johnson, Christian Lassner, and Ben Mildenhall.