World Labs, the AI startup founded by Fei-Fei Li, has successfully completed a $1 billion funding round. The round saw participation from major investors including AMD, Autodesk, Emerson Collective, Fidelity Management & Research Company, NVIDIA, and Sea. World Labs focuses on spatial intelligence, aiming to revolutionize storytelling, enhance creativity, and accelerate robotics and scientific discovery. The company's first product, Marble, is designed to allow users to create spatially coherent, high-fidelity, and persistent 3D worlds from images, videos, or text. This funding will support World Labs in furthering its mission to build advanced world models and drive innovation in AI technology.