Luma AI, an AI startup building multimodal AGI, raises $900 million led by Saudi Arabia-based HUMAIN

Luma AI, an AI startup building multimodal AGI, has raised $900 million in a Series C funding round led by HUMAIN, a PIF company delivering global full-stack AI solutions, with participation from AMD Ventures, and existing investors Andreessen Horowitz, Amplify Partners, and Matrix Partners.

The startup said the new funding marks a major step toward its goal of building multimodal general intelligence, an AI that can create, understand and interact with the physical world.

As part of its plans to train and deploy these advanced AI systems, Luma AI will become a customer of HUMAIN. HUMAIN is building Project Halo, a 2-gigawatt AI supercluster in Saudi Arabia. Once completed, it will be one of the world’s largest computing infrastructure projects, the release notes.

Luma AI said that the new capital and infrastructure will accelerate its efforts to train large-scale World Models, foundational AI that goes beyond LLMs and learns from humanity’s digital footprint in video, audio, and language, to build products in HUMAIN Create that understand and simulate reality for robotics, entertainment, advertising, gaming, and personalised education at a global scale. 

“HUMAIN is the perfect partner for this next stage in Luma AI’s explosive trajectory,” said Amit Jain, CEO and co-founder of Luma AI.

“To create AI that can help humanity in the physical world and expand our understanding of the universe, we need to build systems that can learn from a quadrillion tokens of information - roughly the collective digital memory of humanity - contained in video, image, audio, and language. HUMAIN is deploying frontier compute infrastructure at impressive speed, and this is critical to achieving Luma AI’s mission. We are also partnering deeply across customized models, go-to-market, and deployment of frontier capabilities to build a full end-to-end value-chain for multimodal AI.”

“This investment underscores an important point in HUMAIN’s philosophy: we are not only funding the next wave of AI, we’re building the full value chain that makes it possible,” said Tareq Amin, CEO of HUMAIN.

“Luma AI is an exceptional U.S.-based global frontier startup pushing the boundaries of multimodal world models. Their technical ambition, research velocity, and proven ability to turn foundational breakthroughs into real products make them uniquely aligned with HUMAIN’s vision. Our investment in Luma AI, combined with HUMAIN’s 2GW supercluster, positions us to train, deploy, and scale multimodal intelligence at a frontier level.”

Luma AI said the 2-gigawatt supercluster marks a major leap for multimodal AI infrastructure. The startup is developing technology that can train on peta-scale multimodal data to make AI useful for real-world tasks. The cluster will also include next-generation inference systems built to deliver these models globally in real time.

“It is only through this level of systems and algorithmic integration that it is possible to build models that can understand and simulate the universe,” added Jain.