"Around the middle of last year, Pim de Witte started reaching out to a handful of prominent AI labs to see if they'd be interested in using data from Medal, his popular video game clipping platform, to train their agents. Within weeks, it became clear that Medal's data was more valuable to the labs than he expected. "We received multiple acquisition offers very quickly," he told me."
"(He declined to name names, but it has been reported that OpenAI offered $500 million.) "Initially, we were quite interested in them," he said of the offers, but that "was mostly a result of us not understanding what we were sitting on." He had read the Google DeepMind research paper showing that gaming data can be used to teach AI how to navigate a 3D environment."
"However, the interest from AI labs made him realize that his data from Medal, which receives roughly 2 billion video uploads per year from tens of thousands of video games, could be used to develop a unique foundational model for extending AI to the real world. Today, Pim de Witte announced that Medal is spinning out a new AI lab called General Intuition that has raised a $133.7 million seed round."
Pim de Witte contacted prominent AI labs about using Medal's gaming-video dataset to train agents and quickly received multiple acquisition offers, including a reported $500 million bid. He connected Medal's data potential to Google DeepMind research showing gaming data can teach AI 3D navigation. Medal ingests roughly 2 billion video uploads per year from tens of thousands of games. Medal has spun out General Intuition and raised a $133.7 million seed round led primarily by Vinod Khosla, with General Catalyst, the Raine Group, and Moritz Baier-Lentz joining the effort. Khosla expects major impact on AI agents.
Read at The Verge
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