
Altera
Founded Year
2023Stage
Series A | AliveTotal Raised
$42MLast Raised
$31M | 2 mos agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+269 points in the past 30 days
About Altera
Altera focuses on creating digital human beings within the artificial intelligence and technology sectors. It offers AI agents that can interact with users and perform tasks autonomously, aiming to bring empathy and human-like traits to digital interactions. Its products are designed for both individual users seeking digital companionship and enterprises looking for advanced AI solutions. It was formerly known as LyfeGame. The company was founded in 2023 and is based in Menlo Park, California.
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ESPs containing Altera
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The autonomous agents & digital coworkers market focuses on developing autonomous software agents and digital assistants capable of performing complex tasks and making decisions with minimal human intervention. These technologies leverage natural language processing (NLP), conversational AI, and machine learning for task automation and process optimization across enterprise functions, including cu…
Altera named as Challenger among 15 other companies, including Anthropic, Moveworks, and Cohere.
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Research containing Altera
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Altera in 2 CB Insights research briefs, most recently on Aug 23, 2024.

Expert Collections containing Altera
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Altera is included in 3 Expert Collections, including Artificial Intelligence.
Artificial Intelligence
7,221 items
AI Agents & Copilots Market Map (August 2024)
322 items
Corresponds to the Enterprise AI Agents & Copilots Market Map: https://app.cbinsights.com/research/enterprise-ai-agents-copilots-market-map/
AI agents
286 items
Companies developing AI agent applications and agent-specific infrastructure. Includes pure-play emerging agent startups as well as companies building agent offerings with varying levels of autonomy. Not exhaustive.
Latest Altera News
Dec 3, 2024
Anna Moneymaker/Getty This story is from The Algorithm, our weekly newsletter on AI. To get it in your inbox first, sign up here . President Biden first witnessed the capabilities of ChatGPT in 2022 during a demo from Arati Prabhakar, the Director of the White House Office of Science and Technology Policy, in the oval office. That demo set a slew of events into motion, and encouraged President Biden to support the US’s AI sector, while managing the safety risks that will come from it. Prabhakar was a key player in passing the president’s executive order on AI in 2023, which sets rules for tech companies to make AI safer and more transparent (though it relies on voluntary participation). Before serving in President Biden’s cabinet, she held a number of government roles, from rallying for domestic production of semiconductors to heading up DARPA, the Pentagon’s famed research department. I had a chance to sit down with Prabhakar earlier this month. We discussed AI risks, immigration policies, the CHIPS Act, the public’s faith in science, and how it all may change under Trump. The change of administrations comes at a chaotic time for AI. Trump’s team has not presented a clear thesis of how it will handle artificial intelligence, but plenty of people in it want to see that executive order dismantled. Trump said as much in July, endorsing the Republican Platform that says the executive order “hinders AI innovation and imposes Radical Leftwing ideas on the development of this technology.” Powerful industry players, like venture capitalist Marc Andreessen, have said they support that move. However, complicating that narrative will be Elon Musk, who for years has expressed fears about doomsday AI scenarios, and has been supportive of some regulations aiming to promote AI safety. No one really knows exactly what’s coming next, but Prabhakar has plenty of thoughts about what's happened so far. For her insights about the most important AI developments of the last administration, and what might happen in the next one, read my conversation with Arati Prabhakar . Now read the rest of The Algorithm Deeper Learning These AI Minecraft characters did weirdly human stuff all on their own The video game Minecraft is increasingly popular as a testing ground for AI models and agents. That’s a trend startup Altera recently embraced. They unleashed up to 1000 software agents at a time, powered by large language models (LLMs), to interact with one another. Given just a nudge through text prompting, they developed a remarkable range of personality traits, preferences, and specialist roles, with no further inputs from their human creators. Remarkably, they spontaneously made friends, invented jobs, and even spread religion. Why this matters: AI agents can execute tasks and exhibit autonomy, taking initiative in digital environments. This is another example of how the behaviors of such agents, with minimal prompting from humans, can be both impressive and downright bizarre. The people working to bring agents into the world have bold ambitions for them. Altera’s founder, Robert Yang sees the Minecraft experiments as an early step towards large-scale “AI civilizations” with agents that can coexist and work alongside us in digital spaces. “The true power of AI will be unlocked when we have truly autonomous agents that can collaborate at scale,” says Yang. Read more from Niall Firth . Bits and Bytes OpenAI is exploring advertising Building and maintaining some of the world’s leading AI models doesn’t come cheap. The Financial Times has reported that OpenAI is hiring advertising talent from big tech rivals in a push to increase revenues. ( Financial Times ) Landlords are using AI to raise rents, and cities are starting to push back RealPage is a tech company that collects proprietary lease information on how much renters are paying and then uses an AI model to suggest to realtors how much to charge on apartments. Eight states and many municipalities have joined antitrust suits against the company, saying it constitutes an “unlawful information-sharing scheme” and inflates rental prices. ( The Markup ) The way we measure progress in AI is terrible Whenever new models come out, the companies that make them advertise how they perform in benchmark tests against other models. There are even leaderboards that rank them. But new research suggests these measurement methods aren’t helpful. ( MIT Technology Review ) Nvidia has released a model that can create sounds and music AI tools to make music and audio have received less attention than their counterparts that create images and video, except when the companies that make them get sued . Now, chip maker Nvidia has entered the space with a tool that creates impressive sound effects and music. ( Ars Technica ) Artists say they leaked OpenAI’s Sora video model in protest Many artists are outraged at the tech company for training its models on their work without compensating them. Now, a group of artists who were beta testers for OpenAI’s Sora model say they leaked it out of protest. ( The Verge ) hide Popular
Altera Frequently Asked Questions (FAQ)
When was Altera founded?
Altera was founded in 2023.
Where is Altera's headquarters?
Altera's headquarters is located at 830 Menlo Avenue, Menlo Office Plaza, Menlo Park.
What is Altera's latest funding round?
Altera's latest funding round is Series A.
How much did Altera raise?
Altera raised a total of $42M.
Who are the investors of Altera?
Investors of Altera include Prosus Ventures, Patron, First Spark Ventures, Gunderson Dettmer, Alumni Ventures and 9 more.
Who are Altera's competitors?
Competitors of Altera include Aww and 4 more.
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Compare Altera to Competitors
Open Souls is an artificial intelligence (AI) platform to create simulations that feel human. The company creates conversational AI models that autonomously think and behave as real people, complete with feelings, personalities, and internal complexity, providing enterprises with custom high-fidelity AI simulations as per their needs. Open Souls was founded in 2022 and is based in Menlo Park, California.
VirtTuri is a technology company specializing in artificial intelligence and digital communication solutions across various sectors. The company offers an AI avatar digital assistant designed to assist with healthcare information, featuring a hyperrealistic interface that supports multiple languages and cultural representations. VirtTuri's solutions are GDPR and regulatory compliant. It was founded in 2019 and is based in Stowmarket, United Kingdom.
Trulience develops 3D interactive digital humans, animals, and cartoons, utilizing conversational AI technology. Their offerings include digital avatars that can engage users with realistic behavior and support for multiple languages, enabled by natural language processing and sentiment analysis. Trulience's technology is designed for integration into websites and mobile applications, allowing businesses to incorporate interactive AI into their services. It was founded in 2019 and is based in London, England.

Quantum Capture focuses on digital human technologies within the artificial intelligence and chatbot integration sectors. The company provides a platform called CTRL Human, which allows for the creation of human avatars that can interact through voice and gestures, applicable in customer service, training, entertainment, and health & wellness experiences. Quantum Capture's services are relevant to various sectors, offering virtual human experiences. It was founded in 2015 and is based in Toronto, Ontario.

Pantheon Lab focuses on the development of digital human technology and video content automation within the generative AI sector. The company provides a SaaS platform called AIDOL Studio that uses deep learning to produce virtual human-led videos, reducing production time. Pantheon Lab serves various industries by offering digital assistants for online customer service and real-time data processing, in addition to creating digital humans for different applications. It was founded in 2019 and is based in Hong Kong.
Crafter.ai is a technology company that operates in the artificial intelligence sector. The company's main service is providing a platform for the creation of Conversational AI agents, which simulate human-like conversations to meet customer and business needs. These agents are primarily used in customer service, supply chain and logistics, sales and marketing, and human resources sectors. It is based in Cinisello Balsamo, Italy.
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