Advanced Machine Intelligence (AMI), a startup founded by former Meta Platforms AI chief Yann LeCun, has successfully raised $1.03 billion at a $3.5 billion pre-money valuation. The funding aims to develop AI systems that focus on reasoning, planning, and “world models.”
The funding round was co-led by Cathay Innovation, Greycroft, Hiro Capital, HV Capital, and Bezos Expeditions. This significant investment positions AMI as a test of LeCun’s assertion that current large language models are inadequate for achieving true human-level reasoning and autonomy, according to News.Az, citing Reuters.
LeCun, who founded Facebook AI Research (FAIR) in 2013 and departed from Meta at the end of 2025, stated that AMI’s mission is to build AI capable of understanding and planning within complex, real-world environments rather than merely predicting the next word or pixel.
In its initial phase, AMI is targeting organizations that operate complex systems, including manufacturers, automakers, aerospace companies, and firms in the biomedical and pharmaceutical sectors. Over time, the technology may extend to consumer applications, such as domestic robots that possess an understanding of the physical world, and could potentially integrate with Meta’s Ray-Ban smart glasses.
LeCun emphasized AMI’s ambition to become the primary provider of intelligent systems across various industries, aiming for AI that can reason, plan, and operate autonomously in ways that existing models cannot accomplish.
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