Latham & Watkins Advises AMD in World Labs’ US$1 Billion Funding Round
World Labs has announced that it has raised US$1 billion in new funding. The company stated that it is partnering with investors including AMD, Autodesk, Emerson Collective, Fidelity Management & Research Company, NVIDIA, and Sea, among others. World Labs is focused on accelerating its mission to advance spatial intelligence by building world models that revolutionize storytelling, creativity, robotics, scientific discovery, and beyond. Its first product, Marble, enables anyone to create spatially cohesive, high-fidelity, and persistent 3D worlds from images, video, or text.
Latham & Watkins LLP represents AMD in the transaction with a corporate deal team led by Bay Area partner Tad Freese and Orange County/Bay Area partner Nima Movahedi, with associates Christopher Siino and Chloe Wallace.