positive
Luma AI secures $900 M funding as generative AI race intensifies
Startup Luma AI raised $900 million in a Series C round as it expands its photorealistic image and video generation capabilities, backed by AMD Ventures, Andreessen Horowitz and others. The investment brings total equity funding to $1.1 billion and underscores the escalating competition in generative-AI infrastructure. Luma plans to scale hardware deployments, deepen compute partnerships and launch enterprise-grade use cases targeting media, gaming and industrial design sectors.
Companies:
- Luma AI
- AMD Ventures
- Andreessen Horowitz
Tags:
- AI
- startup
positive
Luma AI secures $900 M funding as generative AI race intensifies
Startup Luma AI raised $900 million in a Series C round as it expands its photorealistic image and video generation capabilities, backed by AMD Ventures, Andreessen Horowitz and others. The investment brings total equity funding to $1.1 billion and underscores the escalating competition in generative-AI infrastructure. Luma plans to scale hardware deployments, deepen compute partnerships and launch enterprise-grade use cases targeting media, gaming and industrial design sectors.
Companies:
- Luma AI
- AMD Ventures
- Andreessen Horowitz
Tags:
- AI
- startup
Breaking
positive
Luma AI secures $900 M funding as generative AI race intensifies
1 min read
67 words
Luma AI raises $900 M (total funding $1.1 billion) as generative-AI infrastructure competition escalates.
Startup Luma AI raised $900 million in a Series C round as it expands its photorealistic image and video generation capabilities, backed by AMD Ventures, Andreessen Horowitz and others. The investment brings total equity funding to $1.1 billion and underscores the escalating competition in generative-AI infrastructure. Luma plans to scale hardware deployments, deepen compute partnerships and launch enterprise-grade use cases targeting media, gaming and industrial design sectors.
Startup Luma AI raised $900 million in a Series C round as it expands its photorealistic image and video generation capabilities, backed by AMD Ventures, Andreessen Horowitz and others. The investment brings total equity funding to $1.1 billion and underscores the escalating competition in generative-AI infrastructure. Luma plans to scale hardware deployments, deepen compute partnerships and launch enterprise-grade use cases targeting media, gaming and industrial design sectors.
Companies:
- Luma AI
- AMD Ventures
- Andreessen Horowitz
Tags:
- AI
- startup
- AI
- startup
- funding
- generative AI