Fei-Fei Li – considered the “Godmother of AI” – has created an AI startup that has reached a $1 billion valuation in just four months.
At the beginning of this year, Fei-Fei Li started her two-year leave from her current position at Stanford University. During this time, she developed her AI intelligence-driven startup – World Labs. The computer scientist teased her new artificial intelligence technology on LinkedIn. On this social media platform, she listed her current work as “something new”. Later, we discovered it was a reference to World Labs.
World Labs is trying to create “spatial intelligence” in artificial intelligence technology. AI startups try to make life easier for people using artificial intelligence. Fei-Fei Li gave a TED talk in April about the potential she is exploring. World Labs will use human-like processing of space and environment. This will make AI intelligence capable of understanding 3D space and making decisions based on that.
In her speech, Li explained her research. Her study includes algorithms capable of processing images and texts in 3D space and predicting events. This concept is called “spatial intelligence.” This research will help various industries, including virtual reality, augmented reality, and robotics. Fei-Fei Li is confident that if her plan works, it will help industries like healthcare and manufacturing.
Self-driving cars navigate based on their environment. They identify objects from visuals, but Li plans to make this artificial intelligence technology more complex. The machines will understand the complexity of the world and the way objects interact.
An anonymous source revealed information about the work of Fei-Fei Li.
“[World Labs] is developing a model that understands the three-dimensional physical world; essentially the dimensions of objects, where things are and what they do.”.
Since April, AI startups have been evolving more and more. World Labs is set to value at least $1 billion. The new company already received two rounds of funding. Companies like Andreessen Horowitz and Radical Ventures already invested in this new artificial intelligence technology.
Andreessen Horowitz is a venture capital firm based in America. Andreessen Horowitz invests in ambitious startups, especially artificial intelligence technology. Radical Ventures is also a venture capital company, but unlike Andreessen Horowitz, they are based in Canada. They invest in startups that understand the power of AI intelligence to improve our lifestyle. Fei-Fei Li is also a Scientific Partner at Radical Ventures, according to her LinkedIn profile.
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