Twelve Labs, founded with the mission to empower developers with advanced video-understanding capabilities, offers a robust API for video foundation models. Their core vision is to enable programs to see, hear, and comprehend the world similarly to humans. The company focuses on providing powerful video-understanding infrastructure that can be integrated into various AI applications, catering primarily to developers and businesses in need of sophisticated video analysis tools.
Notable investors in Twelve Labs include NVIDIA and NEA, who led a $50 million Series A funding round. The company has achieved significant milestones, such as the release of their advanced models, Marengo-2.6 and Pegasus-1. These achievements underscore their impact in the AI and video-understanding space, positioning Twelve Labs as a key player in the development of multimodal AI technologies.