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Luma raises $43M to build AI that crafts 3D models


Luma, which began life as a humble mobile app, wants to grow into new generative AI avenues -- and has raised the capital to do so.

A couple of years ago, Alex Yu and Amit Jain came together to found a company that’d let people capture objects in 3D using their smartphones — no additional equipment required. Luma today announced that it’ll begin leveraging a compute cluster of ~3,000 Nvidia A100 GPUs to train new AI models that can — in Yu’s words — “see and understand, show and explain and eventually interact with [the] world.” “We’ve been growing the team across generative AI research, engineering, design and product in order to bring our vision to life, and plan to accelerate the pace here significantly following this round,” Yu said.

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