Yann LeCun’s AMI Labs Raises $1 Billion to Build Real-World AI Systems

Yann LeCun’s new startup AMI Labs has raised $1.03 billion in seed funding at a valuation of $3.5 billion, according to Bloomberg. The Paris-based company, less than three months old, aims to develop AI systems that can understand and interact with the real world beyond text-based models.

The funding round included major investors such as Nvidia, Samsung, Cathay Innovation, Bezos Expeditions, Greycroft, Hiro Capital, and HV Capital. AMI is led by CEO Alex LeBrun, with LeCun serving as chairman. The company currently has about 20 employees and offices in Paris, New York, Montreal, and Singapore.

AMI plans to focus on research and development throughout the year before partnering with enterprises in industries like automotive, aerospace, and pharmaceuticals. LeCun said the company’s goal is to create a “universal intelligence system” capable of powering technologies including robotics and autonomous vehicles. AMI has also held discussions with Meta about potential collaborations involving wearable devices.

While AMI does not plan to release a consumer product soon, it intends to work with industrial partners to test its technology. LeCun emphasized that AMI’s international presence provides an advantage as demand grows for AI providers outside the U.S. and China.