Odaily Planet Daily reports: Advanced Machine Intelligence Labs (AMI Labs), the AI company founded by Yann LeCun, former Chief AI Scientist at Meta Platforms, has announced a $1.03 billion (approximately €890 million) funding round led by Cathay Innovation, Greycroft, Hiro Capital, HV Capital, and Bezos Expeditions, with additional participation from investors and angel investors worldwide. This round values the French company at $3.5 billion.
French AI firm AMI Labs completes $1.03 billion funding round led by Bezos Expeditions
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Summary
The French AI firm AMI Labs has closed a $1.03 billion project funding round led by Bezos Expeditions and other top-tier investors. The round values the company at $3.5 billion. Founded by Yann LeCun, former chief AI scientist at Meta, AMI Labs secured backing from Cathay Innovation, Greycroft, Hiro Capital, HV Capital, and angel investors. The funding underscores strong global interest in AI and crypto, as well as advanced machine intelligence.
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