AI Startup General Intuition Seeks $300M at $2B Valuation, Backed by Bezos and Schmidt
Summary
AI startup General Intuition is raising $300M at a $2B valuation, backed by Jeff Bezos and Eric Schmidt, leveraging 2 billion gaming videos annually to train embodied AI agents with unique spatial-temporal reasoning capabilities.
Key Points
- New York-based AI startup General Intuition is in talks to raise $300 million at a valuation of just over $2 billion, with backers including Jeff Bezos, Eric Schmidt, Khosla Ventures, and General Catalyst.
- The startup trains embodied AI and world models using a massive dataset of 2 billion gaming videos per year from Medal, a platform co-founded by General Intuition CEO Pim de Witte, giving its agents unique spatial-temporal reasoning capabilities.
- General Intuition plans to use the fresh funding to scale compute capacity and launch a new product by end of summer or early fall, distinguishing itself from competitors by building world models to train agents rather than selling the models themselves.