Overview
- AMI secured $1.03 billion at a $3.5 billion pre‑money valuation in a round co‑led by Cathay Innovation, Greycroft, Hiro Capital, HV Capital and Bezos Expeditions.
- AMi aims to develop AI “world models” that reason and plan in complex settings, rejecting the idea that next‑token prediction alone will yield broadly capable agents.
- Leadership outlines a long commercialization horizon with no near‑term revenue plans, committing to publish research and release substantial code as open source.
- The company’s founding team includes chairman Yann LeCun and CEO Alexandre LeBrun, with Laurent Solly as COO, Saining Xie as chief science officer, Pascale Fung as chief research & innovation officer and Michael Rabbat as VP of world models, operating hubs in Paris, New York, Montreal and Singapore.
- Early engagements include Nabla as the first disclosed partner and target customers in complex industries such as manufacturing, automotive, aerospace and biomed/pharma, with LeCun noting discussions about potential use in Meta’s Ray‑Ban smart glasses.