General Intuition is in talks to raise $300 million at a valuation of about $2 billion


General Intuition, a New York-based startup building a basic model that trains artificial intelligence agents how to move through space and time, is in talks to raise about $300 million, sources familiar with the matter told TechCrunch.

The increase comes after eight months General intuition spun from the medalliona platform for uploading and sharing video game clips, with a $134 million seed round. Sources say the new money will raise the startup’s valuation to just over $2 billion.

Sources say TechCrunch General Intuition has taken money from backers including Jeff Bezos and Eric Schmidt, in addition to existing investors, Khosla Ventures and General Catalyst.

Pim de Wit, who co-founded Medal, founded and leads General Intuition along with co-founders Eloi Alonso, Adam Jelley and Vincent Micheli – researchers who bring expertise in global modeling and simulation.

The startup’s training fleshed out AI and global models using Medal’s dataset of 2 billion videos per year from 10 million monthly active users. The startup’s idea is that this data set – unique because it allows AI to learn from interactive first-person gameplay – is the ideal base for teaching machines deep spatial and temporal reasoning, allowing them to perceive, predict and interact in real time in simulations.

This data set contains It is said It caught the attention of OpenAI, which had previously attempted to claim the medal. Sources say OpenAI wasn’t the only big AI lab knocking on the door.

The global model space in which General Intuition plays is getting hotter. Start-up companies such as Runway, Descartesand Laboratories of the world All the global models have been released recently, and Google’s Genie 3 has recently started to be released Integrate Google Maps data For more real-world simulation capabilities.

All of these companies see gamification and robotics training as near-term business use cases, but General Intuition is taking a different approach: It’s building global models to train agents, not sell them. Agents are the product, and a startup’s unique data set gives it a path to survival.

General Intuition will use the money to increase its computing capacity so it can launch a new product by the end of the summer or early fall, according to a source familiar with the matter.

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