AMI Labs raises $1B to build AI that understands physics
AMI Labs, a Paris-based startup founded by AI legend Yann LeCun, has landed $1.03 billion in funding at a $3.5 billion valuation.
The round, announced in March, was led by Cathay Innovation, Greycroft, Hiro Capital, HV Capital, and Bezos Expeditions.
Their big goal? Build "world models," a new kind of AI that can actually understand physics and plan complex actions.
AMI's world models are a big step beyond current AIs
Instead of just churning out text like most AIs, AMI's world models are designed to remember things over time and really get how the physical world works.
They want to license this tech to industries ranging from carmakers to pharma—and they're also sharing research openly with the academic community.
The startup's lofty ambitions and potential industry applications
Yann LeCun is executive chairman (while still teaching at New York University), and Alexandre LeBrun is CEO (he also founded health-tech startup Nabla).
Nabla has privileged access to AMI's world models, which could be used to develop FDA-certifiable healthcare systems.
AMI Labs is targeting manufacturers, automakers, aerospace companies, biomedical firms, and pharmaceutical giants.