French artificial intelligence start-up AMI said on Tuesday it had raised $1 billion (€890 billion) to develop AI systems designed to understand the physical world “in the way animals and humans do”, rather than relying on language-based models such as ChatGPT. The company expects to produce “fairly universal intelligent systems” within five years.
Issued on: 10/03/2026 - 12:58
This first funding round for AMI (Advanced Machine Intelligence) was carried out by five investment funds and attracted investment from several big groups, including Toyota, Nvidia and Samsung.
Notable names in tech, including former Google CEO Eric Schmidt and Amazon founder Jeff Bezos, also bought in.
LeCun told French news agency AFP that, with the funding round complete, AMI would bring aboard 20-30 people "in the very short term".
