Luma raises $43M to craft 3D models with AI
Summary
Luma is on track to move its two million users in a big way with the announcement today of its raise of $43M to craft 3D models with AI. The founders Alex Yu and Amit Jain, hope to grow Luma into the vision they planned long ago. The next-generation generative AI model will address uncanny valley issues in the current-generation GenAI. Many startups have already dipped their toes in the waters of 3D AI models and object-crafting platforms like 3DFY and Scenario. Alex Yu mentioned, Its very difficult to generate anything coherent and usable in the first few tries, limiting where you can use the outputsJain and Yu have already jumped into the planning and work phase of this project and are doubling Lumas 24-person workforce by the end of next year, all the while piecing together a model-running server cluster of thousands of GPUs.Amit Jain said, With Genie, for the first time, creating 3D things at scale has become possible with AI, and thats grown to 100,000 users in just four weeks.