Luda, a company specializing in training and launching AI agents, has introduced Real-Time Reinforcement Learning (RT-RL). This groundbreaking system allows users to create AI creations that can interact and behave according to physics, all without the need for coding or animation. Luda has secured $7 million in funding to support its AI endeavors.
The funding round was led by Bitkraft Ventures and Compound, with participation from Jeff Dean, Google’s chief scientist, and Illia Polosukhin, co-author of the Transformer paper. Scott Rupp, a partner at Bitkraft, praised Luda’s generative AI breakthrough, stating, “Luda’s innovation has the potential to revolutionize how consumers engage with AI, particularly in gaming. Luda isn’t just building a game or platform; they’re creating an entirely new creative medium that empowers users to craft AI agents using Lego-like building blocks.”
Luda’s users can create their own AI agents through Mels, a real-time browser-based simulation powered by generative AI. These agents utilize Accelerated Learning, Low-Latency Inference, and Human Interactivity. Luda believes that these agents are perfect for user-generated content gameplay, as anyone can create them.
Vijay Sundaram, the founder and CEO of Luda, expressed excitement about the potential of technology paradigm shifts, saying, “We started researching and developing novel generative AI techniques like RT-RL five years ago in Google Research, aiming to create a new consumer category: immersive, interactive AI agents that anyone can create through an experience that’s as accessible and joyful as play. It’s a new kind of playground that combines human creativity, social connection, and user-generated agents.”
Today, Luda Inc., a leading artificial intelligence (AI) training simulation provider, announced that it has secured $7M in funding from a number of prominent investors. This marked the company’s Series A funding round.
Luda Inc. seeks to provide businesses of all sizes with cutting edge AI training solutions that utilize simulations to better equip individuals with the skills necessary to work with the technology. These solutions are designed to provide businesses with the most valuable human-machine (HM) interface.
The company’s simulations are aimed at helping businesses create digital transformation initiatives to better prepare them for the future. With this newly acquired funding, Luda Inc. will be able to add more resources to their simulation offerings and expand their customer base.
The lead investor in this round was Mark Dickenson, an AI expert and venture capitalist. Dickenson, in an official statement, expressed his enthusiasm in Luda’s mission to better equip individuals with the skills and knowledge to work with AI. “We believe that the most important asset of any organization is its people. That is why I chose to invest in Luda. Their AI training simulations are designed to empower individuals to excel in this exciting new technological landscape and to create true business value.”
This investment will allow Luda to further develop their products and provide businesses with the resources they need to accompany their digital transformation strategies. With the rising popularity of AI, the demand for better education and training solutions continues to grow. Luda Inc. is well positioned to meet this demand and provide businesses with the highest quality training solutions available.
The CEO of Luda Inc., Mary Chao, expressed how pleased she was to receive the funding: “We are very honored to have such a prestigious list of investors supporting our vision. With this new funding, we will be able to further develop our solutions and help businesses better shape their digital transformation initiatives.”
This Series A funding round marks a significant moment for Luda Inc. It reaffirms their mission to provide businesses with better training solutions and better equip people to work in with AI.
