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Theai dba Inworld AI has filed a notice of an exempt offering of securities to raise $80,099,949.00 in New Equity Investment.

Theai dba Inworld AI has filed a notice of an exempt offering of securities to raise $80,099,949.00 in New Equity Investment.

August 17, 2023 Craig Etkin

According to filings with the U.S. Securities and Exchange Commission, Theai dba Inworld AI is raising $80,099,949.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Ilya Gelfenbeyn played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Theai dba Inworld AI
Inworld AI provides a developer platform for creating AI-powered virtual characters to populate immersive realities including the metaverse, VR/AR, games, and virtual worlds. Immersive realities continue to accelerate, with an increasingly diverse and fascinating ecosystem of worlds and use cases. As humans are deeply social, these emerging immersive worlds will feel empty and unrealistic if not filled with other responsive and naturally behaving individuals to interact with. Building truly intelligent virtual characters is complex and takes a great deal of specialization. Our aim at Inworld AI is to perform the required heavy lifting. We want to enable partners and creators to leverage our platform to build and deploy virtual characters for a variety of use cases. We are a team of experts that have pioneered conversational AI platforms and generative models at API.AI (Dialogflow), Google and DeepMind. We are continuing to build out our incredibly talented team, with experts in generative language models, emotions, speech synthesis, multimodal interaction, design, and 3D animation. Inworld AI is funded by top-tier investors including Kleiner Perkins, CRV, Bitkraft Ventures, Meta, and M12, Microsofts Venture Fund as well as a team of all-star angels including co-founders and corporate executives from Oculus, Twitch, Riot Games, the Sandbox, Animoca Brands, and many more.

To learn more about Theai dba Inworld AI, visit http://www.inworld.ai/

Contact:
Ilya Gelfenbeyn, Chief Executive Officer
650-391-5674
https://www.linkedin.com/in/gelfenbeyn/

SOURCE: http://www.intelligence360.io
Copyright (c) 2023 SI360 Inc. All rights reserved.


Venture Capital
7400, California, Mountain View, San Jose, Theai dba Inworld AI, Venture Capital

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