Advanced Machine Intelligence (AMI), the new venture from former Meta AI chief Yann LeCun, announced a massive funding round, raising $1.03 billion. This investment values the company at $3.50 billion even before it starts spending the money. AMI plans to develop and sell artificial intelligence systems that can reason, plan, and understand the world in a more human-like way, moving beyond what today’s large language models (LLMs) can do.
This significant funding shows confidence in LeCun’s vision. He believes current LLMs, which are great at predicting the next word or image pixel, still fall short of true human intelligence. His company aims to create AI that genuinely understands and interacts with complex real-world situations.
Several major investors co-led the funding round, including Cathay Innovation, Greycroft, Hiro Capital, HV Capital, and Bezos Expeditions. This diverse group of backers highlights the widespread interest in AMI’s approach to AI development.
Meanwhile, LeCun’s former employer, Meta, is also heavily invested in AI. In June 2025, Meta restructured its AI division, creating Meta Superintelligence Labs under the leadership of Alexandr Wang, formerly CEO of Scale AI. This shows a strong competitive landscape in the race for advanced AI.
LeCun, who founded Facebook AI Research (FAIR) for Meta in 2013, left the company at the end of 2025. He emphasized in an interview with Reuters that AMI’s goal is to build AI systems that can reason and plan effectively in real-world scenarios, something he feels current AI models struggle with.
Initially, AMI will target businesses that operate complex systems, such as manufacturers, car companies, aerospace firms, and pharmaceutical groups. LeCun stated, “We want to become the main provider of intelligent systems, regardless of what the application is.”
Over time, AMI’s technology could also find its way into consumer products. LeCun specifically mentioned domestic robots, explaining that they need “some level of common sense to really understand the physical world.” He also revealed ongoing discussions with Meta about potentially integrating AMI’s technology into their Ray-Ban Meta smart glasses, seeing it as a promising short-term application.
