Luma raises $43M to build AI that crafts 3D models

Key Points:

  • Luma plans to utilize a cluster of Nvidia GPUs to train new AI models, following a successful $43 million Series B round of funding.
  • The company aims to differentiate itself in the competitive 3D model-creating AI models space by focusing on fidelity and advancing generative photorealistic technologies in an intuitive app.
  • Luma is expanding its workforce and infrastructure to support its ambitious new roadmap, demonstrating a commitment to realizing its vision.

Summary:

Luma, a company founded by Alex Yu and Amit Jain, initially gained traction with a smartphone app allowing users to capture 3D objects. Now, the company has announced plans to leverage a cluster of Nvidia GPUs to train new AI models that can “see and understand, show and explain, and eventually interact with the world.” They have raised $43 million in a Series B round to support this endeavor.

 

The company is focused on creating generative AI models capable of generating 3D objects from text descriptions and addressing the “uncanny valley” problem in current-gen GenAI. Luma faces competition in the 3D model-creating AI models space, but aims to differentiate itself by focusing on fidelity and advancing generative photorealistic technologies in an intuitive app.

 

Luma is expanding its workforce and infrastructure to support its ambitious new roadmap, indicating a determination to make headway in this competitive space. With their improved version of Genie already launched and plans to create more capable generative AI models, Luma seems committed to bringing its vision to life.

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