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‘AI godmother’ Fei-Fei Li raises $230 million to launch AI startup

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By Anna Tong and Katie Paul

(Reuters) – Fei-Fei Li, a number one synthetic intelligence researcher, has raised $230 million for a startup she and three colleagues based to make AI expertise that may perceive how the three-dimensional bodily world works, the corporate mentioned on Friday.

Preliminary funding for World Labs was led collectively by Andreessen Horowitz, New Enterprise Associates and Radical Ventures. Different traders included AMD Ventures, Intel Capital and Nvidia’s NVentures.

World Labs declined to share its valuation.

Li, one in all Time Journal’s 100 Most Influential Individuals in AI in 2023, led AI at Google Cloud from 2017 to 2018, served on Twitter’s board of administrators and has finished stints advising policymakers, together with on the White Home.

The Stanford College professor is broadly often known as the “godmother of AI,” a moniker alluding to the three “godfather” winners of the 2018 Turing Award, the computing world’s high prize, for his or her breakthroughs in AI expertise.

Li made her title in AI by creating ImageNet, a large-scale picture dataset that helped usher in a technology of laptop imaginative and prescient applied sciences that would determine objects reliably for the primary time.

Reuters beforehand reported that Li was working in stealth mode on an AI startup that would render concepts into 3D environments. World Labs’ different founders are laptop imaginative and prescient researchers Justin Johnson, Christoph Lassner and Ben Mildenhall.

Whereas commercially accessible generative AI fashions can produce dazzling textual content and picture outputs, Worlds Labs focuses on “spatial intelligence,” or the flexibility to cause how the 3D world works, Li advised Reuters. Spatial intelligence fashions could possibly be used sooner or later for augmented and digital actuality (AR/VR) or robotics, she mentioned.

“The photographs and movies that you’ve seen to this point popping out of generative AI fashions don’t provide you with sufficient of the entire sense of how a 3D world is constructed,” Li mentioned in an interview, together with Mildenhall.

This sense is key to unlocking broader reasoning capabilities in AI methods, she famous. This is able to keep away from the rendering of “hallucinations” like palms with the fallacious variety of fingers.

“The way in which we perceive the construction of the world, imagined or actual, will essentially be a chunk of this AI puzzle,” Li mentioned.

The San Francisco-based startup, with 20 staff, will prepare basis fashions that its founders check with as “massive world fashions” or “LWMs.” Li mentioned a mixture of artificial and real-world information will likely be used to coach the fashions.

The fashions will use the identical transformer-based structure that serves as the premise for OpenAI’s viral ChatGPT chatbot, Li mentioned. Nonetheless, the transformer wouldn’t be the “be-all and end-all” of their fashions, she mentioned, suggesting they’ll incorporate different parts as effectively.

Li will proceed her work at Stanford College’s Human-Centered AI Institute whereas constructing the startup.

World Labs is Li’s second go-around in entrepreneurship. As a Princeton College scholar, Li borrowed cash to purchase a dry cleansing enterprise for her mother and father and spent her weekends working there, she mentioned in her memoirs.

(Reporting by Anna Tong in San Francisco and Katie Paul in New York; Modifying by Richard Chang)

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