AI & Enterprise
AI startup WorldLabs seeks funding at $5 billion valuation
AI startup WorldLabs is seeking to raise $500 million at a $5 billion valuation, SiliconANGLE reported on Thursday, citing Bloomberg News. The investors were not disclosed, but existing backers such as Nvidia, AMD, Adobe and Databricks are likely to participate, the report said. WorldLabs was founded by Stanford professor Fei-Fei Li and developed Marvel, an algorithm that generates 3D virtual environments.
