JoJoWorld Raises $8 Million to Fuel Decentralized AI Infrastructure Expansion

New York-based AI startup JoJoWorld has secured a $8 million funding round. The investment, led by notable entities such as the Stellar Development Foundation and DraperU Ventures, will be used to accelerate development of decentralized spatial intelligence infrastructure. The company’s focus is on incentivizing global creators to contribute high-quality 3D data for robot training and embodied AI development. This initiative aims to address existing challenges in providing sufficient data to support cutting-edge AI models.