Article

Advanced Machine Intelligence (AMI), co-founded by Yann LeCun, has raised over $1 billion to develop AI world models that understand the physical world, reaching a valuation of $3.5 billion. The financing was co-led by investors such as Cathay Innovation and Nvidia.

AMI aims to create AI systems capable of reasoning, planning, and memory, targeting industries like manufacturing and robotics. The startup will operate globally, with offices in Paris, Montreal, Singapore, and New York. LeCun intends to focus on R&D for the first year before launching partnerships with large enterprises.