"Yann LeCun's new venture, AMI Labs, has drawn intense attention since the AI scientist left Meta to found it. This week, the startup finally confirmed what it's building - and several key details have been hiding in plain sight. On its newly launched website, the startup disclosed its plans to develop 'world models' in order to "build intelligent systems that understand the real world." The focus on world models was already hinted at by AMI's name, which stands for Advanced Machine Intelligence, but it has now officially joined the ranks of the hottest AI research startups."
"Building foundational models that bridge AI and the real world has become one of the field's most exciting pursuits, attracting top scientists and deep-pocketed investors alike - product or no product. World Labs, a direct rival founded by AI pioneer Fei-Fei Li, became a unicorn shortly after coming out of stealth. After launching its first product, Marble, which generates physically-sound 3D worlds, World Labs is now reportedly in talks to raise fresh funding at a valuation of $5 billion."
AMI Labs plans to develop world models to build intelligent systems that understand the real world. AMI stands for Advanced Machine Intelligence and targets foundational models that bridge AI and physical environments. Such models have drawn leading researchers and significant investor interest even before product launches. World Labs, a rival founded by Fei-Fei Li, released Marble to generate physically-sound 3D worlds and is reportedly seeking a $5 billion valuation. Reports indicate AMI may pursue fundraising near a $3.5 billion valuation with investors including Cathay Innovation, Greycroft, and Hiro Capital. Yann LeCun is executive chairman and Alex LeBrun is CEO; LeBrun's move follows a partnership with Nabla, a developer of AI clinical assistants.
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