Atlas has previously raised $6 million from investors and has partnered with major players in the gaming and immersive design industry, including Consortium9, Shrapnel, and Square Enix. The company is committed to ethical AI practices and aims to provide partners with the ability to create highly tailored virtual experiences that adapt in real time. The grant follows Atlas's emergence from stealth in November 2023, marked by a $6 million fundraising round from industry giants.
Key takeaways:
- Atlas has received a $4.5 million grant from the Austrian Research Promotion Agency (FFG) to develop 3D generative AI and 3D asset creation tools.
- The grant will be disbursed over three years, starting with $608,000 in 2024, followed by up to $2.3 million in 2025 and $1.6 million in 2026, contingent upon the achievement of milestones.
- Atlas has previously raised $6 million from investors and has partnered with major players in the gaming and design industry, including Consortium9, Shrapnel and Square Enix.
- The company is committed to ethical AI practices and aims to provide partners with the ability to create highly tailored virtual experiences that adapt in real time.