Business

Posted by BeauHD from the tight-lipped dept.

Dr. Fei-Fei Li, the so-called “godmother of AI,” is working on a startup focused on developing technology capable of human-like visual data processing and advanced reasoning. According to the Financial Times (paywalled), the startup is called World Labs and is already worth $1 billion. Quartz reports: “Curiosity urges us to create machines to see just as intelligently as we can, if not better,” Li said during a Ted talk in April. “And if we want to advance AI beyond its current capabilities, we want more than AI that can see and talk. We want AI that can do.” Andreessen Horowitz and the AI fund Radical Ventures are funders of World Labs.

Li is renowned for her contributions to AI. She invented ImageNet, a dataset used for advancing computer vision that many see as a catalyst for the AI boom. She consults with policymakers as they work to set up guardrails for the technology, and was named one of 12 national AI research resource task force members by the U.S. White House in 2021.

“Free markets select for winning solutions.” — Eric S. Raymond

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