Yann LeCun just left Meta, raised a billion dollars in four months, and planted a flag in Paris.
AMI Labs closed a $1.03 billion seed round at a $3.5 billion valuation — Europe's largest seed ever, second globally only to Thinking Machines Lab's $2 billion raise last June, according to Fortune. The syndicate reads like a who's-who of strategic intent: Cathay, Greycroft, Bezos Expeditions, NVIDIA, ...
The funding round for AMI Labs represents Europe's largest seed round ever, positioning the organization to become a major player in the AI industry. By focusing on world models instead of large language models, AMI is aligning itself with industrial applications rather than consumer chat, reflecting a shift in the priorities of AI research. The choice of Paris as the headquarters signals a strategic move to establish a non-American, non-Chinese AI lab, potentially offering European policymakers...