On March 10, 2026, AI startup AMI Labs (AMILabs.xyz) officially announced the completion of a $1.03 billion seed round of funding, valuing the company at $3.5 billion pre-money, making it one of the most high-profile funding events in the global AI field.
Founded by Turing Award winner and deep learning pioneer Yann LeCun, AMI Labs focuses on the development of global models. Headquartered in Paris, the company boasts a team of top AI talent, with Chinese scientist Xie Saining serving as co-founder and Chief Scientific Officer, and Alex Lebrun as CEO. This round of funding was led by Cathay Innovation Fund and Bezos Expeditions, with participation from industry giants such as NVIDIA, Temasek, and Samsung, as well as tech figures like Eric Schmidt and Tim Berners-Lee, making for a truly impressive lineup.
Unlike current mainstream large language models that rely on text learning, AMI Labs, based on the JEPA architecture, is dedicated to creating a new generation of AI capable of understanding the physical world and possessing common sense and long-term reasoning abilities. LeCun states that existing LLMs cannot generate true intelligence; world models are the key path to general artificial intelligence. The company plans to use the funding to expand its team, advance technological research and development, and explore applications in robotics, autonomous driving, and industrial automation.
This substantial funding not only represents a high level of recognition of LeCun’s technological approach but also signifies an accelerated shift in the focus of the AI field from text generation to world models. With the support of capital, AMI Labs will drive world models from theory to practice, reshape the AI industry landscape, and open up new avenues for global AI technology competition.
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