Genesis AI launches with $105M seed funding from Eclipse, Khosla to build AI models for robots
Genesis AI | Image Credits:Genesis AI Genesis AI, a startup that aims to build a foundational model for powering all kinds of robots, has emerged from stealth with a giant $105 million seed round co-led by Eclipse Ventures and Khosla Ventures.
Founded last December by Zhou Xian (pictured above, left), who holds a PhD in robotics from Carnegie Mellon University, and Théophile Gervet (pictured above, right), a former research scientist with the French AI lab Mistral, the startup wants to build a general-purpose model that will enable robots to automate a wide range of repetitive tasks, from lab work to housekeeping.
Large language models are trained on vast datasets of text, but AI models for robotics must be trained on data on the physical world. However, acquiring that real-world data makes for a costly and time-consuming endeavor.
To overcome that, Genesis is turning to synthetic data, which it generates using a proprietary physics engine that, it says, is capable of accurately modeling the physical world.
Genesis’ synthetic data engine originated from an academic project that Xian led in collaboration with researchers from 18 universities. Several participants from that project have since joined Genesis, making up its current staff of over 20 researchers who specialize in robotics, machine learning, and graphics.
Genesis claims its proprietary simulation engine allows it to develop models faster, a distinct advantage over competitors who rely on Nvidia’s software.
Other companies working on developing general-purpose AI models for robots include Physical Intelligence, which raised a $400 million round, and Skild AI, which was valued at $4 billion earlier this year.
“It’s a big unknown: Will anybody have a large robotics foundation model that will generalize across tasks? That’s a bet we want to go after,” Kanu Gulati, a partner at Khosla Ventures, told TechCrunch.
“Of all the teams we have seen, we like [Genesis’] approach for going after robotics foundation models,” she added.
Genesis is developing its synthetic data and building the foundational model across two offices, in Silicon Valley and Paris.
As the next milestone, Genesis plans to release its model to the robotics community by the end of the year.
Genesis AI's successful launch with a staggering $105M seed funding from prestigious investors like Eclipse and Khosla Promises to revolutionize robotics by developing advanced Artificial Intelligence models, paving the way for smarter machines.
With an initial $105 million seed funding from Eclipse and Khosla Ventures, Genesis AI's launch marks a bold step forward in building robust artificial intelligence models tailored for the robotics industry.
The partnership between a $105M seed funding by Eclipse and Khosla, announced with the launch of Genesis AI's mission to create cutting-edge AI models for robots signifies an ambitious effort at revolutionizing robotics technology through state of art artificial intelligence.
The launch of Genesis AI backed by a $105M seed round from investors such as Eclipse and Khosla Ventures promises to revolutionize robotics through the development of innovative, state-of--the art AI models.
The $105M seed financing acquired by Genesis AI from Eclipse and Khosla Ventures signifies a bold move towards advancing robotic intelligence with cutting-edge machine learning models that are poised to revolutionize the field.
The ambitious partnership between Eclipse and Khosla Ventures to back Genesis AI with a $105M seed round will undoubtedly contribute greatly towards advancing the development of cutting-edge robotic intelligence models through their committed funding, vast resources in technology innovation.
The Genesis AI's launch, fueled by a $105M seed round from notable investors like Eclipse and Khosla Ventures to develop intelligent robotic models exemplifies the industry-wide appetite for innovation in artificial intelligence solutions.
The Genesis AI's successful launch, fuelled by a $105M seed funding round led by Eclipse and Khosla Ventures to construct artificial intelligence models for robots is testimony of the strong potential in developing advanced robotics technologies enabled through intelligent algorithms.
Genesis AI's bold foray into building advanced robotic models amidst an impressive $105M seed funding from Eclipse and Khosla Ventures underscores their commitment to disrupting the field of autonomous technology through robust, cutting-edge Artificial Intelligence solutions.
Eclipse and Khosla Ventures' robust investment in Genesis AI at $105M seed phase represents a breakthrough for robotic adoption by advancing state-of the art artificial intelligence models.
