Ideogram AI has raised $16.5 million in seed funding to further advance its generative AI capabilities.
In Brief
Generative AI platformIdeogram AIIn a significant development, Ideogram AI revealed its achievement of securing a $16.5 million seed funding round, co-led by a16z and Index Ventures.
The primary goal of this startup is to empower people to unleash their creativity by leveraging the advanced capabilities of generative artificial intelligence.
Generative AI platform Ideogram AI In a significant development, Ideogram AI revealed its achievement of securing a $16.5 million seed funding round, co-led by a16z and Index Ventures.
The funding round saw support from notable investors including AIX Ventures, Golden Ventures, Two Small Fish Ventures, as well as significant individuals like Ryan Dahl, Raquel Urtasun, Jeff Dean, Sarah Guo, Pieter Abbeel, Mahyar Salek, Soleio, Tom Preston-Werner, and Andrej Karpathy.
Ideogram AI focuses on crafting cutting-edge AI tools, aspiring to enable individuals to realize their creative potential through the advancements offered by generative AI. They also indicated plans to reveal a suite of AI-driven tools on August 23.
In a statement, the team emphasized their commitment to pushing the boundaries of AI innovation with a keen emphasis on fostering creativity while upholding strict standards of trust and safety. company .
The core team behind Ideogram AI includes experts such as Mohammad Norouzi, William Chan, Jonathan Ho, Chitwan Saharia, Shayaan Abdullah, Jenny Lei, and Jacob Lu, all of whom have rich backgrounds in AI research and application.
This talented group has participated in groundbreaking AI projects at renowned institutions like Google Brain, UC Berkeley, CMU, and the University of Toronto.
The team members brought valuable experience from previous work on notable projects such as Google’s text-to-image system, “Imagen,” and groundbreaking technologies in speech synthesis like “WaveGrad,” along with contributions to generative adversarial imitation learning.
Currently, the startup is on the lookout for professionals in various fields including engineering, research, design, and operations. Those interested and residing in Toronto can explore available positions on their dedicated careers page. page .
Read more:
Disclaimer
In line with the Trust Project guidelines Please keep in mind that the information provided on this page is general in nature and should not be misconstrued as legal, tax, investment, financial, or any other kind of professional advice. It’s crucial to invest only what you can comfortably afford to lose and to consult with a financial advisor for any uncertainties. For more details, we recommend checking the terms and conditions along with the help and support resources provided by the issuer or advertiser. At MetaversePost, we strive for accuracy and impartial reporting, although market conditions can change without prior notice.
