2024-08-15 09:22:03.AIbase.11.1k
World Labs Founded by Fei-Fei Li Reaches Valuation of Over $1 Billion, Focused on Developing AI Models for 3D Physical Properties
World Labs, a startup founded by Stanford University AI professor Fei-Fei Li, has completed two rounds of funding in two months, reaching a valuation of over $1 billion and becoming a 'unicorn' company. The latest funding round was led by NEA, with a significant increase in valuation compared to the first round in April. World Labs is dedicated to developing AI models that can accurately estimate the three-dimensional physical properties of real-world objects and environments, aiming for detailed digital replication without the need for large-scale data collection, and is focused on addressing the scarcity of 3D data. The company's business model has not been validated by the market.