Fei-Fei Li's World Labs AI Out Of Stealth With $230 Million, New Snap Specs, Neuralink Targets Blindness [Forbes]
Snap Inc. Class A (SNAP)
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Source: Forbes
LiveWIRED at The Midway SF on December 05, 2023 in San Francisco, California. (Photo by Kimberly White/Getty Images for WIRED) Getty Images for WIRED Fei-Fei Li's World Labs comes out of stealth with $230M in funding The former head of AI at Google Cloud, Li is often called “the godmother of AI.” She has officially launched her new startup, World Labs, with $230 M in funding. The company aims to develop AI systems that understand and interact with the 3D physical world, moving beyond traditional 2D AI models. World Labs is focused on building what they call "large world models" (LWMs) that can perceive, generate, and engage with three-dimensional environments, similar to human spatial intelligence. The funding came from prominent investors, which include notables like Andreessen Horowitz, NEA, and Radical Ventures, alongside contributions from industry figures like Marc Benioff and Nvidia's NVentures. This substantial investment, quietly raised over two funding rounds, has already
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- Snap Inc. (NYSE: SNAP) had its price target raised by analysts at Loop Capital from $14.00 to $16.00. They now have a "buy" rating on the stock.MarketBeat
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- Snap (SNAP) Upgraded to Buy: Here's What You Should Know [Yahoo! Finance]Yahoo! Finance
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- Should Investors Consider Meta (META) or Snap's (SNAP) Stock After Q3 Earnings? [Yahoo! Finance]Yahoo! Finance
SNAP
Earnings
- 10/29/24 - Beat
SNAP
Sec Filings
- 11/4/24 - Form 4
- 11/4/24 - Form 4
- 11/4/24 - Form 4
- SNAP's page on the SEC website