What are AI ‘world models,’ and why do they matter?

World models, also known as world simulators, are being touted by some as the next big thing in AI. AI pioneer Fei-Fei Li’s World Labs has raised $230 million to build “large world models,” and DeepMind hired one of the creators of OpenAI’s video generator, Sora, to work on “world simulators.” (Sora was released on…

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Physical AI startup BrightAI bootstraps to $80M in revenue

When Alex Hawkinson was the CEO of SmartThings, the consumer-focused connected devices company he co-founded and sold to Samsung for around $200 million, he kept thinking that Internet of Things (IoT) technology could probably solve bigger issues. He left SmartThings in 2018 to figure out where connected devices could make the largest impact. He co-founded…

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