Luma AI is a Palo Alto-based generative AI lab building multimodal foundation models that turn text, images, and ideas into video, 3D, and interactive scenes. Its flagship product, Dream Machine, has crossed 30 million users; its Ray3 model was the first reasoning-driven video model to generate native 16-bit HDR. Backed by HUMAIN, NVIDIA, Andreessen Horowitz, AMD, and Amplify, the company is racing toward what its founders call 'unified general intelligence' for the physical world.
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.