Ex-Meta AI Chief Yann LeCun Secures $1.03B for New AI Startup AMI
Ex-Meta AI Chief Yann LeCun Secures $1.03B for New AI Startup AMI
Publish Date: 2026-03-10 10:30:00
Source Domain: www.analyticsinsight.net
Advanced Machine Intelligence (AMI) has raised $1.03 billion to build and commercialize an alternative artificial intelligence model. The startup said the round came at a $3.50 billion pre-money valuation.
The financing puts fresh attention on Yann LeCun’s long-standing view that current AI methods still face core limits. LeCun founded AMI after leaving Meta at the end of 2025. He joined Meta in 2013 and created Facebook AI Research, later known as FAIR.
At Meta, he became one of the company’s most influential AI leaders. His new company now aims to build systems centered on reasoning, planning, and world models.
The funding round was co-led by Cathay Innovation, Greycroft, Hiro Capital, HV Capital, and Bezos Expeditions. Other reported backers include NVIDIA, Eric Schmidt, and Tim Berners-Lee. The size of the round makes AMI one of the most closely watched new AI startups in 2026.
