Turing Award winner Yann LeCun joins $100M AI fund 224 Ventures

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AI and crypto news broke as Yann LeCun, Turing Award winner, joined 224 Ventures, a $100 million AI fund led by Shaun Johnson. The fund invests in AI applications, robotics, and infrastructure, with ticket sizes of $1 million to $5 million. Oriol Vinyals co-leads the initiative, which has 244 limited partners from the AI industry. LeCun also chairs AMI Labs, an AI startup developing “World Models” and backed by over $100 million in seed funding. Industry trends indicate rising institutional interest in AI-native projects.

Odaily Planet Daily report: Shaun Johnson, co-founder of AIX Ventures, has announced the launch of the AI-focused fund 224 Ventures, which currently manages approximately $100 million in assets. The fund plans to invest $1 million to $5 million in AI-native teams, with a focus on AI applications, robotics, infrastructure, and core intelligence domains. The fund has 244 limited partners, the majority of whom are from the AI industry, including researchers, product and engineering leaders, and corporate AI and data executives. Former Meta Chief AI Scientist and Turing Award winner Yann LeCun, along with former Google DeepMind researcher Oriol Vinyals, have also announced their participation as co-leaders of the fund.

Yann LeCun currently serves as Executive Chairman of AI startup AMI Labs, which focuses on "world models" technology and has completed over $1 billion in seed funding. (Bloomberg)

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