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Ex-Meta AI chief's new start-up raises $1.03bn
Bangkok Post
|March 11, 2026
NEW YORK: Advanced Machine Intelligence, the start-up founded by former Meta Platforms chief AI scientist Yann LeCun, said yesterday it raised $1.03 billion based on a $3.50 billion pre-money valuation, as it seeks to commercialise artificial intelligence systems built around reasoning, planning and "world models.
Advanced Machine Intelligence, the startup founded by former Meta Platforms chief AI scientist Yann LeCun, said yesterday it raised $1.03 billion based on a $3.50 billion pre-money valuation, as it seeks to commercialise artificial intelligence systems built around reasoning, planning and "world models.
The financing positions the company as a test of Mr LeCun's belief that today's large language models fall short of human-level reasoning and autonomy.
The funding round was co-led by Cathay Innovation, Greycroft, Hiro Capital, HV Capital and Bezos Expeditions.
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