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.
12 Articles
12 Articles
Odyssey Reaches $1.45B Valuation After $300M Raise from Amazon
World model maker Odyssey has secured a valuation of 1.45 billion dollars following its latest funding round, drawing support from Amazon and several other prominent investors. The company, which builds advanced simulation systems that generate realistic digital environments for training artificial intelligence, now stands as one of the better-funded startups in the race to create more capable machine learning foundations. The funding announceme…
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
Coverage Details
Bias Distribution
- 57% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
