Luma AI Stock

“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.