tech
General Intuition in talks to raise $300M at around $2B valuation
The startup trains embodied AI and world models using Medal’s dataset of 2 billion videos per year from 10 million monthly active users.
TL;DR
- General Intuition is in talks to raise around $300 million, valuing the startup at over $2 billion.
- The company spun out of Medal, a video game clip platform, eight months prior, having raised $134 million in seed funding.
- Investors include Jeff Bezos, Eric Schmidt, Khosla Ventures, and General Catalyst.
- General Intuition trains embodied AI and world models using Medal's dataset of 2 billion videos per year from 10 million monthly active users.
- This dataset allows AI to learn from interactive, first-person gameplay, teaching spatial-temporal reasoning.
- OpenAI and other major AI labs have shown interest in Medal's dataset.
- The company aims to build world models to train agents, with agents being the product.
- Funds will be used to scale compute capacity for a new product release by late summer or early fall.