Yann LeCun’s New AI Startup Raises $1 Billion in Seed Funding

Yann LeCun, a pioneer in the field of artificial intelligence, has raised $1.03 billion for a nascent startup that promises to invent technology more capable of navigating the real world than existing AI products like ChatGPT.

The startup, which is not yet three months old, is called Advanced Machine Intelligence, or AMI, and reached a valuation of $3.5 billion in the funding round, not including dollars raised.

Based in Paris, the company’s investors include major tech companies like Nvidia Corp. and Samsung Electronics Co. as well as global investors Cathay Innovation, Jeff Bezos’ investment office Bezos Expeditions, Greycroft, Hiro Capital and HV Capital.

The deal is ...