Overview
- Advanced Machine Intelligence closed a $1.03 billion seed round co-led by Cathay Innovation, Greycroft, Hiro Capital, HV Capital and Bezos Expeditions, with strategic backing from NVIDIA, Samsung, Temasek and Toyota Ventures, plus individuals including Jeff Bezos, Eric Schmidt, Mark Cuban and Xavier Niel.
- Alexandre LeBrun is appointed CEO and Yann LeCun serves as chairman, with a founding team that includes Saining Xie, Pascale Fung, Michael Rabbat and Laurent Solly.
- AMI will build teams and compute across Paris, New York, Montreal and Singapore, prioritizing hiring and infrastructure to support its research-first roadmap.
- The company’s thesis centers on ‘world models’ that learn from video and sensor data to reason, plan and maintain persistent memory, positioning this as a more controllable approach than next-token language models for physical-world tasks.
- Early engagements will focus on industries running complex systems such as manufacturing, automotive, aerospace, biomedical and pharmaceuticals, with open research and code releases and Nabla named as the first partner; the raise ranks as Europe’s largest seed round, per Crunchbase.