Former Meta AI Chief Draws $1 Billion For Startup — TradingView News
Former Meta AI Chief Draws $1 Billion For Startup — TradingView News
Publish Date: 2026-03-10 14:57:00
Source Domain: www.tradingview.com
A new artificial intelligence startup launched by former Meta META Chief AI Scientist Yann LeCun is already drawing serious investor attention. Advanced Machine Intelligence, or AMI, said it has raised $1.03 billion in seed funding, just months after the company was formed.
The funding values the startup at about $3.5 billion before the new capital, according to Reuters. AMI says its goal is to build a new generation of AI systems that can better understand the world, retain long term memory, and reason and plan more effectively while remaining controllable and safe.
The round was co led by venture firms Cathay Innovation, Greycroft, Hiro Capital, and HV Capital. The company also attracted strategic backing from major technology players including Nvidia 
NVDA, Toyota Ventures, and Samsung (SSNLF), highlighting the growing interest from industry leaders in next wave AI platforms.
