World Labs, an artificial intelligence startup, recently launched with a valuation exceeding $1 billion and over $230 million in funding. Co-founded by Fei-Fei-Li, known as the 'Godmother of AI' for her groundbreaking work in generative artificial intelligence, the firm aims to develop 'spatial intelligence' systems. Their primary product, Large World Models (LWMs), seeks to enhance AI capabilities by enabling models to interact with the world in 3D space and time. This innovative approach bridges the gap between current 2D-focused AI models and future agents capable of perceiving 3D worlds. By creating virtual spaces with physics and semantics, World Labs is paving the way for AI models to explore real and virtual environments with unprecedented intelligence. This advancement could revolutionize various domains, particularly robotics and virtual worlds, by generating 3D virtual environments with the same proficiency as modern text-based AI models like ChatGPT. Read more AI-generated news on: https://app.chaingpt.org/news