Luma AI, HUMAIN power $900M bet on multimodal AGI

Luma AI, the frontier artificial intelligence company working on multimodal AGI, has secured a massive $900 million Series C funding round, led by HUMAIN — a PIF-backed AI company building large-scale, full-stack AI infrastructure. The raise marks one of the most significant investments into next-generation AI systems that move beyond language models and toward systems capable of understanding, simulating, and interacting with the physical world.

Strategic participants included AMD Ventures, alongside existing investors such as Andreessen Horowitz, Amplify Partners, and Matrix Partners, underscoring growing confidence in Luma AI’s mission to build “World Models” — considered the next leap forward after Large Language Models (LLMs).

Project Halo: A 2-Gigawatt AI Supercluster in Saudi Arabia

As part of the partnership, Luma AI will become a primary compute customer of HUMAIN, as it builds Project Halo, a colossal 2-gigawatt AI supercluster in Saudi Arabia — positioning it among the largest AI compute infrastructures in the ...