Former Meta AI Chief Draws $1 Billion For Startup — TradingView News
Former Meta AI Chief Draws $1 Billion For Startup — TradingView News
Publish Date: 2026-03-10 14:57:00
Source Domain: www.tradingview.com
- Major Funding Achievement: Advanced Machine Intelligence (AMI), led by former Meta Chief AI Scientist Yann LeCun, has raised $1.03 billion in seed funding shortly after its launch.
- Valuation: The new capital raises AMI’s valuation to approximately $3.5 billion.
- AI Mission: AMI aims to develop next-generation AI systems that can understand the world, retain long-term memory, and reason and plan effectively, while remaining controllable and safe.
- Funding Leadership: The seed funding round was co-led by Cathay Innovation, Greycroft, Hiro Capital, and HV Capital.
- Strategic Backing: AMI has received support from major technology companies, including Nvidia, Toyota Ventures, and Samsung, indicating significant industry interest in advanced AI platforms.
