Fei-Fei Li, the Stanford professor many deem the “Godmother of AI,” has raised $230 million for her new startup, World Labs, from backers including Andreessen Horowitz, NEA, and Radical Ventures.
World Labs is valued at over $1 billion, and the capital was raised over two rounds spaced a couple of months apart, TechCrunch reported in August.
Li’s company, which hopes to have its first product ready in 2025, aims to build AI models that understand and interact with the 3D world. World Labs is developing what it calls “large world models” that will be used by professionals such as artists, designers, developers, and engineers. Martin Casado, a general partner at Andreessen Horowitz, told Wired that World Labs’ customers could include game companies or movie studios.