
What happened
Dulo Inc., co-founded by Sebastian Thrun and Adrian Aoun, raised $130 million, with backers including former Google CEO Eric Schmidt, Salesforce CEO Marc Benioff, and VC John Doerr.
Why it matters
Dulo is building foundation models for hardware design tasks, potentially speeding up development of industrial robots and autonomous vehicles, according to its one-page website.
WHO IT HITSHardware engineering teams working on robots and autonomous vehicles may eventually see faster simulation and design cycles from Dulo's models, though the specific tasks the models will automate remain unclear.
Summaries like this, every morning.
Sebastian Thrun's track record includes leading the development of Stanley, an early self-driving vehicle, and founding Google's X research lab, which spun out Waymo and helped establish Google Brain. Adrian Aoun previously sold natural language processing startup Wavii to Google for over $30 million. Their new venture, Dulo, launched earlier this year and has now attracted a $130 million round from prominent investors including Eric Schmidt and Marc Benioff.
Dulo's focus on foundation models for hardware design places it in a growing field of engineering-focused AI startups. Vinci4D Inc. automates the meshing phase of simulation projects, while other startups work on speeding up partial differential equations used by simulators. Dulo's most prominent rival is Prometheus Inc., co-led by Jeff Bezos, which raised $12 billion earlier this year. It's possible Dulo's AI is meant to accelerate development of industrial robots and autonomous vehicles, though the company has not specified which hardware design tasks its models will automate.
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