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NEA led a $100M round into Fei-Fei Li’s new AI startup, now valued at over $1B

TechCrunch LogoTechCrunch17h ago

NEA led a $100M round into Fei-Fei Li’s new AI startup, now valued at over $1B - TechCrunch

Quick Summary:

World Labs, a stealthy startup founded by renowned Stanford University AI professor Fei Fei Li, has raised two rounds of financing  two months apart, according to multiple reports.

The latest financing was led by NEA and valued the company at over $1 billion, TechCrunch has learned from several people with knowledge of the investments.

In all other applications, like serving coffee, there’s no three-dimensional data.

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NEA led a $100M round into Fei-Fei Li’s new AI startup, now valued at over $1B - TechCrunch (Picture 1)

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Article Details

Author / Journalist: Marina Temkin

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-14 @ 21:25:42 (17 hours ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 984 words

Reading Time: 6 minutes read

Sentences: 45 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 22081223

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