Luma AI Raises $900 Million Series C Led by HUMAIN to Build Multimodal General Intelligence

Overview

AI startup Luma AI has secured $900 million in Series C funding, spearheaded by HUMAIN, a PIF-backed entity focused on global AI solutions. This capital infusion aims to accelerate Luma AI's mission to develop multimodal general intelligence, enabling AI to create, understand, and interact with the physical world. HUMAIN is also constructing a significant AI supercluster in Saudi Arabia, where Luma AI will become a key customer.