# Amit Jain

> Amit Jain is the Co-Founder and CEO of Luma AI, the Palo Alto-based AI company behind Dream Machine - a text-to-video platform with over 25 million users - and Ray 3, the world's first reasoning video model. Before founding Luma AI in 2021, he spent four years at Apple leading development of the Passthrough feature for Apple Vision Pro and integrating the first LiDAR sensors into iPhones. Under his leadership, Luma AI has raised over $1 billion in funding including a $900M Series C led by HUMAIN at a $4 billion valuation, and is building unified multimodal intelligence systems that blur the line between reasoning and reality synthesis.

- **Role:** Co-Founder & CEO at Luma AI
- **Organizations:** Luma AI, Apple
- **Nationality:** American
- **Education:** Bachelor of Science in Mathematics and Computer Science, Missouri Valley College
- **Known for:** Co-founded Luma AI, raising over $1 billion in total funding, Built Dream Machine, a text-to-video platform that surpassed 25 million registered users, Launched Ray 3, described as the world's first reasoning video model with native HDR video generation

## Career timeline

- **2010-2014** — Studied Mathematics and Computer Science at Missouri Valley College
- **2011-2015** — Lead Developer at Cultured Pixel
- **2014-2015** — Lead iOS Engineer at Dapper Shopping
- **2017-2021** — Systems and Machine Learning Engineer at Apple - led Passthrough feature for Apple Vision Pro and integrated first LiDAR sensors into iPhone
- **2021** — Co-founded Luma AI with Alex Yu (CTO) and Alberto Taiuti
- **2024-01** — Luma AI raises $43M to build AI for 3D model creation
- **2024-06** — Launched Dream Machine, text-to-video platform
- **2025-09** — Launched Ray 3, world's first reasoning video model with native 16-bit HDR
- **2025-11** — Raised $900M Series C led by HUMAIN at $4B valuation; announced Project Halo 2-gigawatt AI supercluster in Saudi Arabia
- **2025-12** — Launched Ray 3 Modify for hybrid AI-human performance workflows
- **2026-03** — Launched Luma Agents powered by Unified Intelligence (Uni-1 model)

## Achievements

- Co-founded Luma AI, raising over $1 billion in total funding
- Built Dream Machine, a text-to-video platform that surpassed 25 million registered users
- Launched Ray 3, described as the world's first reasoning video model with native HDR video generation
- Led Apple's Passthrough feature development for Apple Vision Pro
- Instrumental in integrating the first LiDAR sensors into iPhones
- Secured $900M Series C at $4 billion valuation led by HUMAIN (PIF company)
- Announced Project Halo - a 2-gigawatt AI supercluster in Saudi Arabia
- Launched Luma Agents and Uni-1, the first Unified Intelligence multimodal model
- Grew Luma AI to 335 employees as of 2026

## Latest updates

- **2026-03** — Launched Luma Agents and Uni-1, the first Unified Intelligence model family combining reasoning with content generation across all modalities
- **2025-12** — Released Ray 3 Modify for hybrid AI-performance filmmaking workflows
- **2025-11** — Closed $900M Series C led by HUMAIN at $4B valuation; announced Project Halo 2-gigawatt AI supercluster in Saudi Arabia
- **2025-09** — Launched Ray 3, the world's first reasoning video model with native 16-bit HDR generation
- **2024-06** — Launched Dream Machine text-to-video platform, reaching millions of users within weeks

## Links

- Website: https://lumalabs.ai
- LinkedIn: http://www.linkedin.com/in/amit-jain-3b945122

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Profile page: https://yespress.io/amit-jain
Published by YesPress — https://yespress.io
Last updated: 2026-05-27
