World model maker Odyssey nabs $1.45B valuation backed by Amazon and other big names

TechCrunch
AI startup Odyssey achieved a $1.45 billion valuation after securing $310 million in Series B funding led by Natural Capital and Amazon.

Summary

Odyssey, a startup specializing in world models that simulate physical environments, has reached unicorn status with a $1.45 billion valuation. The company raised $310 million in a Series B round featuring participation from Amazon, AMD Ventures, and GV. Founded in 2023 by former autonomous vehicle industry veterans Oliver Cameron and Jeff Hawke, Odyssey creates interactive, physically accurate simulations for use cases ranging from robotics to video game development. As part of the investment deal, the company has named AWS its preferred cloud provider and will optimize its AI models for use on Amazon's Trainium chips.

(Source:TechCrunch)