Ex-Meta AI chief Yann LeCun’s AMI raises $1 billion for alternative AI approach
Advanced Machine Intelligence, the startup founded by former Meta Platforms chief AI scientist Yann LeCun, said on Tuesday it raised $1.03 billion based on a $3.50 billion pre-money valuation, as it seeks to commercialize artificial intelligence systems built around reasoning, planning and “world models.”
The financing positions the company as a test of LeCun’s belief that today’s large language models fall short of human-level reasoning and autonomy.
The funding round was co-led by Cathay Innovation, Greycroft, Hiro Capital, HV Capital and Bezos Expeditions.
