Luma AI secures $900 million to speed up multimodal AGI push

Bengaluru-based Luma AI secured a massive $900 million in Series C funding, led by HUMAIN. This investment will grant Luma access to HUMAIN’s powerful Saudi Arabian supercluster, accelerating its mission to develop multimodal artificial general intelligence. The funding will fuel expansion into simulation, robotics, and design, leveraging vast datasets to understand and simulate the physical world.