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Billion-Dollar AI Dreamcatcher: Fei-Fei-Li Drops Mind-Bending Tech, Crypto Bros Still Can’t Figure Out Wallets (But Who Needs Them When You Have $230M in Funding?)

A futuristic cityscape in ruins, with a massive digital eye hovering above it. The eye is surrounded by swirling clouds of code and data streams. In the distance, a 3D virtual world takes shape, complete with buildings and objects that seem to defy gravity. A faint glow emanates from within the virtual space as if AI models are being generated.

The ‘Godmother of AI’ Fei-Fei-Li has launched World Labs to create spatial intelligence systems for artificial agents capable of perceiving 3D worlds and reason about objects in space and time – a far cry from the crypto bros still trying to figure out how to make their Ethereum wallets work. Meanwhile, I’m over here wondering if this $1 billion valuation is just another case of Silicon Valley’s notorious ‘hockey stick’ growth projections that never seem to materialize.

Source: cointelegraph

Artificial intelligence startup World Labs announced its official launch on Sept. 13. The firm is reportedly valued at over $1 billion and has raised more than $230 million in funding to build “spatial intelligence” systems.  World Labs was co-founded by Fei-Fei-Li, the former Google Cloud AI boss. Due to her involvement in much of the foundational research behind modern generative artificial intelligence, Fei-Fei-Li is often referred to as the “Godmother […]

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