TwelveLabs raises $100M to bring superintelligence to AI video models
TwelveLabs Inc., the developer of generative artificial intelligence foundation models that can understand videos like humans, today announced it has raised $100 million in early funding to expand beyond simple understanding to achieve holistic intelligence.
The Series B round was co-led by NEA and NAVER Ventures. Amazon, Radical Ventures, Korea Investment Partners, Index Ventures, Quadrille Capital and Red Bull Ventures also participated in the round. Today’s capital infusion brings the company’s total raised to over $207 million.
“Five years ago, we made a contrarian bet: the substrate of machine intelligence is recorded reality in motion, not language,” said Chief Executive and co-founder Jae Lee. “Language is downstream of understanding. Video is the data understanding has to answer to.”
TwelveLabs is bringing genuine AI power to the field with its technology, having built frontier foundation models capable of video understanding. The company worked from the ground up to construct multimodal models that weren’t simply large language models that process video, but models that natively understand video.
