On March 10, 2026, a major announcement came from the AI field: AMI Labs (Advanced Machine Intelligence Labs), founded by Turing Award winner and former Chief AI Scientist of Meta, Yann LeCun, officially announced the completion of a $1.03 billion (approximately €890 million) seed round of financing, with a pre-money valuation of $3.5 billion. This broke the record for the largest seed round financing of a European technology company and became another milestone event in the global field of AI basic research.

AMI Labs focuses on a novel AI technology roadmap, eschewing large language models (LLMs) and instead centering on developing world models. Its mission is to build next-generation general artificial intelligence capable of understanding, reasoning, and perceiving the real world, creating intelligent systems with persistent memory, autonomous planning, and controllable security, thus paving a new direction for the AI industry.
This funding round was jointly led by Cathay Innovation, Greycroft, Hiro Capital, HV Capital, and Bezos Expeditions, boasting a top-tier lineup of strategic investors including NVIDIA, Toyota Venture Capital, Temasek, Samsung, and Publicis Groupe. It also attracted participation from tech and investment heavyweights such as Tim Berners-Lee, Eric Schmidt, Jim Breyer, and Mark Cuban.
The team currently has R&D centers in Paris, New York, Montreal, and Singapore, bringing together top global AI research and engineering talent. It focuses on fundamental technological breakthroughs and underlying architectural innovation, driving AI's leap from "language intelligence" to "world intelligence."

With substantial funding secured, AMI Labs will accelerate its global model technology R&D, team expansion, and global footprint, continuously leading the basic research and industrial application of general artificial intelligence, and bringing new opportunities in the highly promising technology sector to domain name end-users and investors.
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