Luma AI is a technology company which offers generative AI tools to creators and developers for creating high-quality 3D assets and environments. Luma AI’s platform allows users to capture real-world objects and environments and convert them into photorealistic 3D models using AI-driven tools. The company aims to empower creators by providing fast and scalable solutions for developing immersive digital content. This company was founded by Alex Yu and Amit Jain in 2021 and is headquartered in San Francisco, CA.

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Private Market Pricing DetailsValuation & Financings

Luma AI Stock Price

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Last Closed Trade 2
Close Date
xx/xx/xx
Last Closed Trade Price
$xx.xx
Last Funding Round (LFR)
Date
xx/xx/xx
Price per Share
$xx.xx

Luma AI Funding Rounds and Valuation

Funding History Chart
Funding Round Details
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Leadership & Board

Leadership

Amit Jain
Co-Founder & Chief Executive Officer
Alex Yu
Co-Founder & Chief Technology Officer

Luma AI stock FAQs

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Is Luma AI a public company?

No, Luma AI is a privately held company and is currently not publicly traded on any stock markets including NYSE or NASDAQ.
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Luma AI’s news and media highlights

AI video generators are multiplying in number and increasing in realism, but one big roadblock preventing them from replacing traditionally filmed video is a lack of fine-grained control. Many leading AI generators allow users to enter text prompts and/or upload still images that the underlying models convert into motion, but the resulting video clips are often a surprise and may feature unrealistic or bizarre motion. Now one well-regarded AI video generation startup, Luma AI, is adding a new set of more precise controls for users and releasing its newest AI video generator model, Dream Machine 1.6.
Selim Ünlüsoy, the new global head of AI at Italian ad agency LePub, posted a video to LinkedIn depicting several well-known print ads that he animated with AI. The video is set to RJD2’s “Beautiful Mind,” the theme song from Mad Men. Ünlüsoy made the video with Dream Machine, an AI tool from the startup Luma AI, which recently animated popular memes. In one part of Ünlüsoy’s AI video, the iconic ’60s era VW Beetle in Doyle Dane Bernbach’s classic Volkswagen’s 1959 “Think small” ad drives into the foreground and off the page.
“We believe that multimodality is critical for intelligence. To go beyond language models, the next unlock will come from vision,” Yu told TechCrunch in an email interview. “[However,] AI needs to get a lot smarter to deliver the potential the world sees in it. To realize this vision vision (pardon the pun), Luma has raised $43 million in a Series B round with participation from Andreessen Horowitz among other backers old and new. According to a source familiar with the matter, the round values Luma at between $200 million and $300 million; Luma’s war chest now stands at more than $70 million.
Updated on: Oct 27, 2024

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