World model maker Odyssey nabs $1.45B valuation backed by Amazon and other big names
The startup will optimize its models for AWS Trainium chips as it expands world models for video-game creation and robotics.
- On Wednesday, Odyssey secured a $310 million Series B round at a $1.45 billion valuation, led by Natural Capital with participation from Amazon and AMD Ventures.
- Founded in 2023, the startup creates world models that simulate the physical world with accurate physics, gathering data by recording surroundings similarly to Google Earth.
- Amazon serves as the company's preferred cloud provider, with Odyssey optimizing its models to run on AWS Trainium chips, which compete with Nvidia hardware.
- CEO Oliver Cameron and CTO Jeff Hawke, both former self-driving vehicle pioneers, lead the startup alongside an impressive roster of individual angel investors including Kyle Vogt.
- With $337 million raised to date, Odyssey offers world models for diverse use cases spanning video-game creation to robotics, positioning the startup beyond standard chat-based AI.
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Odyssey raises $310 million at $1.45 billion valuation to build AI that simulates the real world - Tech Startups
Odyssey, a startup building what researchers call “world models,” announced Wednesday that it has raised $310 million in Series B funding at a $1.45 billion valuation. The round was led by Natural Capital and included participation from Amazon, AMD Ventures, […] The post Odyssey raises $310 million at $1.45 billion valuation to build AI that simulates the real world first appeared on Tech Startups.
AI lab Odyssey valued at $1.45 billion in latest funding round
World-model AI startup Odyssey secures $310Mn in funding at a $1.45Bn valuation
Odyssey, an AI startup focused on building advanced world models, has raised $310 million in a Series B funding round, giving the company a post-money valuation of $1.45 billion and officially making it a unicorn startup. The round was led by Natural Capital and attracted a wide range of investors, including Amazon, AMD Ventures, Google Ventures, EQT, In-Q-Tel, Google Chief Scientist Jeff Dean, and Y Combinator CEO Garry Tan.Notably, Odyssey is …
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