logo

ChainThink

Stay ahead, master crypto insights

Former Meta Chief AI Scientist Aims to Raise €500 Million for New AI Venture Valued at Approximately €3 Billion

Former Meta Chief AI Scientist Aims to Raise €500 Million for New AI Venture Valued at Approximately €3 Billion

2025-12-18 18:03

View Original

ChainThink report, December 18: According to the Financial Times, Yann LeCun, former Chief AI Scientist at Meta Platforms, plans to raise €500 million for his new venture, which would value the artificial intelligence company at approximately €3 billion prior to its official launch, with the fundraising campaign set to be completed before it officially commences in January.


Insiders reveal that LeCun, who recently announced his departure from Meta by year-end, has appointed Alexandre LeBrun, founder of French healthtech startup Nabla, as CEO. The new company, named Advanced Machine Intelligence Labs (AMI Labs), will unveil specific details in January, with LeCun serving as Executive Chairman.

#Fundraising

Disclaimer: Contains third-party opinions, does not constitute financial advice

Recommended Reading
Hyperscale Data Launches $50 Million ATM Equity Offering to Purchase Bitcoin and Expand Data Centers
Hyperscale Data Launches $50 Million ATM Equity Offering to Purchase Bitcoin and Expand Data Centers
World Liberty Financial Raises Controversy with WLFI Token Allocation Proposal
World Liberty Financial Raises Controversy with WLFI Token Allocation Proposal
Geely Technology Plans to Launch Huanghuali RWA Token in Hong Kong, Aiming to Raise 100 Million Yuan
Geely Technology Plans to Launch Huanghuali RWA Token in Hong Kong, Aiming to Raise 100 Million Yuan
OpenAI Launches GPT-5.2-Codex, Deeply Optimized for Agent-Based Coding
OpenAI Launches GPT-5.2-Codex, Deeply Optimized for Agent-Based Coding
Intercontinental Exchange Group is involved in MoonPay funding negotiations, targeting an approximate valuation of $5 billion
Intercontinental Exchange Group is involved in MoonPay funding negotiations, targeting an approximate valuation of $5 billion
CZ's Year-End Q&A: Cryptocurrency is the sole choice for AI and robotics, with market size still having several orders of magnitude of growth potential, leaving countless opportunities ahead
CZ's Year-End Q&A: Cryptocurrency is the sole choice for AI and robotics, with market size still having several orders of magnitude of growth potential, leaving countless opportunities ahead
CZ: It's expected that AI and robots will massively adopt cryptocurrencies in the future—they won't have any other choice.
CZ: It's expected that AI and robots will massively adopt cryptocurrencies in the future—they won't have any other choice.