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Yann LeCun’s AI start-up raises more than $1bn in Europe’s largest seed round

Meta’s former chief AI scientist launches AMI Labs with backing from Nvidia, Temasek and Jeff Bezos

Meta’s former chief artificial intelligence scientist Yann LeCun has raised more than $1bn for his new start-up in Europe’s largest ever seed funding round.

Advanced Machine Intelligence Labs announced on Tuesday that its first fundraising included backing from a global group of investors. These include France’s Cathay Innovation, Amazon founder Jeff Bezos’s Bezos Expeditions, Singapore’s Temasek, Seoul-based SBVA and US chip giant Nvidia.

The $1.03bn seed round is second only to US start-up Thinking Machines Lab, which raised $2bn last June, according to data from Dealroom.

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