Yann LeCun's AMI Labs Just Raised $1 Billion to Prove Every AI Company Is Doing It Wrong
Twelve employees. Three months old. One billion dollars in the bank. That’s AMI Labs — the startup founded by Yann LeCun, the Turing Award winner who spent a decade as Meta’s chief AI scientist before walking away to bet his entire legacy on one idea: every major AI company is building on the wrong foundation. The $1.03 billion seed round values AMI Labs at $3.5 billion pre-money. That’s roughly $292 million per employee. And they haven’t shipped a single product. ...