On March 10, 2026, the field of artificial intelligence saw a major announcement. Turing Award winner and Meta’s Chief AI Scientist, Yann LeCun, officially announced the establishment of his new startup, Advanced Machine Intelligence Labs (AMI Labs), which secured a seed round of funding totaling $1.03 billion (approximately €890 million).
This figure not only sets a record for the largest seed round in European history but also makes it one of the largest seed rounds globally. It was revealed that AMI Labs (website amilabs.xyz) was valued at $3.5 billion prior to the funding round. This round was co-led by Cathay Capital, Greycroft, Hiro Capital, HV Capital, and Bezos Expeditions, bringing together top global capital forces.
AMI Labs’ core mission directly addresses the limitations of current AI technology. LeCun believes that current mainstream AI systems still lack a deep understanding of the real world. Therefore, the new company will focus on building a new type of AI system centered on a “world model.” This type of system aims to enable machines to understand the laws governing the world, possess persistent memory, and perform complex reasoning and planning, while ensuring system controllability and security, thereby truly breaking through the limitations of existing AI capabilities.
From vision to implementation, AMI Labs has taken solid steps. Currently, the company has launched operations simultaneously in four major cities: Paris, New York, Montreal, and Singapore, demonstrating its strategic ambition for a global presence. In its rapid expansion phase, AMI Labs has issued a global call for top talent to jointly explore the boundaries of machine intelligence.
LeCun’s new move undoubtedly adds fuel to the AI battle in 2026.
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