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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?)

Crypto NewsNews Linda Williams September 16, 2024

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

‘Godmother of AI’ launches World Labs with $230M funding at $1B valuation
https://cointelegraph.com/news/godmother-ai-world-labs-230-million-funding
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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About the author

Linda Williams

Linda’s venture into cryptocurrency ended in a gut-wrenching disaster when she lost her private keys due to a ridiculous mishap involving coffee and a particularly reckless cat. With her funds locked away forever, Linda now pours her frustration into writing biting critiques of crypto’s absurdities, dripping with sarcasm. Her tagline? “I lost my private keys and my sanity. Crypto promised freedom, but all it gave me was a lifetime of regret.”

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Disclaimer

The content presented on this site is intended solely for entertainment purposes and should not be taken as factual or reliable information. This site employs satire and humor to discuss global news, current events, finance, and cryptocurrency. The views expressed here are not meant to be taken seriously and do not represent the opinions of any individuals, organizations, or entities discussed.

Please be aware that the content may be exaggerated, fictionalized, or otherwise altered to create a comedic effect. It is not intended to provide financial advice, make accurate predictions, or offer any serious commentary on current events or financial markets.

Readers are encouraged to verify any claims or statements with credible sources and should not make any decisions based on the information provided here. This blog is not responsible for any actions taken based on its content. Always consult a qualified professional before making any financial or investment decisions.

Please do not hesitate to contact us if you have any questions or concerns.

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