World model startup General Intuition is in talks to raise around $300 million

Comparatively, New York-based startup General Intuition is negotiating about $300 million in financing, and the company is building a basic model to train AI agents to move and act in space and time.

The funding comes just eight months since General Intuition split and became independent from the game video uploading and sharing platform Medal. At the time, the company closed a $134 million seed funding round. A successful completion of this round of financing would raise its valuation to just over $2 billion.

According to people familiar with the matter, the company has received financial support from investment supporters including Jeff Bezos (Jeff Bezos) and Eric Schmidt (Eric Schmidt), as well as existing investors Khosla Ventures and General Catalyst.

General Intuition was founded and led by Medal co-founder Pim de Witte, who co-manages the company with co-founders Eloi Alonso, Adam Jelley, and Vincent Micheli. These co-founders are all researchers and focus on technology in the field of modeling and simulating the world.