Renowned AI scientist Yann LeCun has formally launched a new artificial intelligence startup, Advanced Machine Intelligence (AMI), confirming long-circulating reports while clarifying that he will serve as Executive Chairman, not chief executive. The company has appointed Alex LeBrun, co-founder and CEO of medical AI company Nabla, as CEO of AMI, with Nabla confirming his transition.
AMI is focused on world-model AI, an approach designed to simulate environments and reason about cause and effect, positioning itself as an alternative to large language models and their tendency toward hallucinations. The company is reportedly seeking to raise up to €500 million at a €3 billion valuation, according to people familiar with the fundraising.
LeCun, a Turing Award winner and former Chief AI Scientist at Meta, brings significant academic and industry credibility. Nabla will continue operating under COO Delphine Groll, with LeBrun remaining involved as chairman and chief AI scientist, and has entered into a partnership to use AMI’s models as they are developed.
Featured image: Credit: Jérémy Barande, Wikipedia
