SpAItial is pioneering Spatial Foundation Models (SFMs), a groundbreaking AI paradigm designed to generate and reason about the appearance and physics of real and imagined environments. SFMs possess an intrinsic understanding of space-time, enabling transformative shifts in applications at the intersection of virtual and physical worlds. Unlike existing generative AI technologies such as LLMs, image, or video models, SFMs operate natively in physical space. This significantly advances their cognitive capabilities, mimicking human understanding. SFMs promise to revolutionize a vast range of applications across industries, from creating immersive virtual worlds for gaming and entertainment, to advancing CAD engineering and construction, to powering next-generation VR/AR experiences, and enabling sophisticated, physically-intelligent robotics.