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COINTURK FINANCE > Business > Black Forest Labs Secures €28M for AI Models
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Black Forest Labs Secures €28M for AI Models

Overview

  • Black Forest Labs launched to advance generative AI models.

  • Secured €28 million in seed funding led by Andreessen Horowitz.

  • Introduced FLUX.1 models to set new standards in image synthesis.

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Black Forest Labs, an innovative generative AI research community, has officially launched under the leadership of Robin Rombach, Patrick Esser, and Andreas Blattmann. The team, known for creating the Stable Diffusion series of models, aims to advance generative deep learning models for images and videos, pushing the limits of creativity, efficiency, and diversity. They aspire to enhance the scope of media generation through state-of-the-art technology.

Contents
Secured Funding for ExpansionIntroducing FLUX.1

In previous reports, significant interest in generative AI models has been observed, with various entities investing considerable amounts to explore this technology. Earlier endeavors in generative AI have primarily focused on improving image synthesis, but Black Forest Labs aims to extend these advancements to other media forms as well. Their goal aligns with the broader trend of enhancing model capabilities while ensuring accessibility and diversity in applications.

Secured Funding for Expansion

The company has raised $31 million (€28 million) in a seed funding round led by Andreessen Horowitz. Other notable investors include Brendan Iribe, Michael Ovitz, Garry Tan, Timo Aila, and Vladlen Koltun. This funding will support Black Forest Labs in bringing state-of-the-art AI from Europe to a global audience. Additional investments from General Catalyst and MätchVC further strengthen their mission.

Black Forest Labs has also formed an advisory board featuring Michael Ovitz and Prof. Matthias Bethge. Ovitz brings significant expertise from the content creation industry, while Bethge is renowned for his work in neural style transfer and AI research. This advisory board aims to guide the company in its mission to push the frontiers of generative AI.

Introducing FLUX.1

The company unveiled the FLUX.1 suite of text-to-image models, designed to define a new standard in image detail, prompt adherence, style diversity, and scene complexity. FLUX.1 comes in three variants: [pro], [dev], and [schnell], each catering to different use cases from top-tier performance to local development and personal use.

The models are built on a hybrid architecture of multimodal and parallel diffusion transformer blocks, scaled to 12 billion parameters. FLUX.1 [pro] and [dev] outperform popular models like Midjourney v6.0, DALL·E 3 (HD), and SD3-Ultra in various aspects including visual quality and output diversity. These advancements underscore the significant potential of Black Forest Labs’ technology.

Andreessen Horowitz, a venture capital firm with $19.2 billion in assets, expressed enthusiasm about partnering with Black Forest Labs. Their investment strategy spans across various sectors, including consumer, enterprise, bio/healthcare, crypto, and fintech.

“We’re thrilled to partner with Robin, Patrick, Andreas, and the entire BFL team on this journey. Their commitment to open source, technical excellence, and fostering a collaborative AI ecosystem aligns perfectly with our vision for the future of artificial intelligence,” says Andreessen Horowitz.

Black Forest Labs’ efforts to push the boundaries of generative AI models represent a significant step forward in AI research and application. Their focus on accessibility and performance sets a new benchmark in the industry. Investors’ confidence and the formation of a robust advisory board further solidify their potential for groundbreaking advancements in generative AI technology.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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