tech
Google X co-founder Sebastian Thrun raises $130 million for AI startup Dulo
Dulo Inc. co-founded by Sebastian Thrun raised $130 million with investors including Eric Schmidt, Marc Benioff, and John Doerr.
Key points
- Dulo Inc. co-founded by Sebastian Thrun raised $130 million on Thursday.
- Investors include former Google CEO Eric Schmidt, Salesforce CEO Marc Benioff, and John Doerr.
- Dulo aims to use AI to optimize hardware design simulations and accelerate robot development.
Why it matters. The $130 million funding signals strong investor confidence in AI tools for hardware design, potentially accelerating the development of autonomous vehicles and industrial robots.
Dulo Inc., an AI engineering startup co-founded by Sebastian Thrun, raised $130 million on Thursday. Former Google CEO Eric Schmidt, Salesforce CEO Marc Benioff, and venture capitalist John Doerr contributed to the round alongside more than half a dozen funds. The company is developing foundation models to optimize hardware design tasks and speed up industrial robot development. Dulo's most prominent rival is Prometheus Inc., which raised $12 billion earlier this year.
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Google X co-founder Sebastian Thrun raises $130 million for AI startup Dulo
Sebastian Thrun, a prominent artificial intelligence researcher and co-founder of Google X, has raised $130 million in funding for his new startup, Dulo Inc. The capital raise aims to accelerate the development of advanced AI engineering solutions. Thrun's involvement brings significant credibility and resources to the project, positioning Dulo as a key player in the competitive AI landscape.