Yann LeCun confirms his new ‘world model’ startup, reportedly seeks $5B+ valuation

Renowned AI scientist Yann LeCun confirmed on Thursday that he had launched a new startup — the worst-kept secret in the tech world — though he said he will not be running the new company as its CEO. His startup is called Advanced Machine Intelligence (AMI) and has hired Alex LeBrun, co-founder and CEO of medical transcription AI startup darling Nabla, as its CEO. Nabla disclosed LeBrun’s new job in a press release and LeCun confirmed it in a brief post on LinkedIn. “Yes, AMI Labs is my new startup. I’m the Executive Chairman. And Alex LeBrun is transitioning from CEO of Nabla to CEO of AMI Labs!” LeCun wrote. AMI Labs is also reportedly seeking to raise €500 million (about $586 million) at a €3 billion valuation (about $3.5 billion) right out of the gate,…

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