NEA leads $100M investment in Fei-Fei Li’s AI startup, now valued at over $1B.
World Labs, a stealthy AI startup founded by Stanford AI professor Fei-Fei Li, has quickly become a major player in the tech world, raising its valuation from $200 million in April to over $1 billion by July. The company has secured significant funding, including a $100 million round led by NEA. Investors are betting on World Labs’ ambitious goal of creating AI models that can accurately replicate the 3D physicality of real-world objects and environments, which could be transformative for industries like gaming and robotics. Li, renowned for her work on ImageNet, is focusing on developing machines with human-like spatial intelligence.