French AI startup AMI announces $1 bn raised in funding
Paris: French artificial intelligence startup AMI — co-founded by Meta’s former chief AI scientist Yann LeCun — announced Tuesday it has raised $1 billion to develop models able to understand the physical world.
This first funding round for AMI — which stands for Advanced Machine Intelligence — was carried out by five investment funds and attracted investment from several big groups, including Toyota, Nvidia and Samsung.
Notable names in tech also bought in, among them former Google CEO Eric Schmidt and Amazon founder Jeff Bezos.
