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home / articles / TECH - Andreessen Horowitz-Backed 'Godmother Of AI' Fei-Fei Li Quietly Builds $1B Startup In 4 Months | Benzinga


TECH - Andreessen Horowitz-Backed 'Godmother Of AI' Fei-Fei Li Quietly Builds $1B Startup In 4 Months | Benzinga

Fei-Fei Li, a prominent figure in the field of artificial intelligence and co-director of Stanford University’s Human-Centered AI Institute, has swiftly established a billion-dollar startup, adding to the intense competition in the tech industry to commercialize AI.

What Happened: In just four months, Li, who is often referred to as the “godmother of AI,” founded a company named World Labs, reported Financial Times on Wednesday. The startup has already secured significant funding from prominent tech investors, including Andreessen Horowitz and AI fund Radical Ventures, valuing the business at over $1 billion.

World Labs recently completed a funding round, raising approximately $100 million. The startup is focused on developing “spatial intelligence” in AI by creating human-like processing of visual data, ...

Full story available on Benzinga.com

Stock Information

Company Name: Bio-Techne Corp
Stock Symbol: TECH
Market: NASDAQ
Website: bio-techne.com

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