New Delhi, Nov. 20 -- Luma AI, the frontier artificial intelligence startup focused on multimodal AGI, has announced a US$900 million Series C funding round led by HUMAIN, a full-stack AI provider backed by Saudi Arabia's Public Investment Fund, and joined by AMD Ventures alongside returning investors Andreessen Horowitz, Amplify Partners, and Matrix Partners. The financing marks a turning point not only for Luma AI but also for the rapidly maturing landscape of real-world AI infrastructure.

The centrepiece of the partnership is Project Halo, a planned 2-gigawatt AI supercluster in Saudi Arabia-expected to serve as ground zero for training "World Models." Luma AI will tap Halo's capabilities to scale its ambitions from language understan...