World models & simulation · Paris, FR · founded 2026
AMI Labs: who founded it, who funds it
AMI Labs is a Paris world model lab founded in 2026 by Yann LeCun, Alexandre LeBrun, Pascale Fung, Michael Rabbat and 1 others, who came from Meta, Nabla and NYU. What it is building: advanced Machine Intelligence: JEPA world models with persistent memory, reasoning, planning and control, at billion-dollar scale. It has raised $1.03B in disclosed rounds, most recently a Seed of $1.03B at a $3.5B valuation in March 2026, led by Cathay Innovation. It has not released anything outsiders can use yet.
- Founders
- Yann LeCun (ex-Meta), Alexandre LeBrun (ex-Nabla), Pascale Fung (ex-Meta), Michael Rabbat (ex-Meta), Saining Xie (ex-NYU)
- Founders from
- ex-Meta, ex-Nabla, ex-NYU
- Location
- Paris, FR (Europe)
- Valuation
- $3.5B set by the last priced round
- Raised
- $1.03B disclosed
- Investors
- Cathay Innovation lead
- What ships
- Research only
Rounds
| Date | Round | Amount | Valuation | Lead | Source |
|---|---|---|---|---|---|
| Mar 10, 2026 | Seed$3.5B pre-money; Europe's largest seed at the time | $1.03B | $3.5B | Cathay Innovation | siliconrepublic.com |
Sources
- Cathay on AMI cathaycapital.com
- AMI Labs amilabs.xyz
News
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Oct 2, 2026
+1 more coverage
- Dealroom Yann LeCun calls Dario Amodei 'deluded' and AI doom 'the worst marketing campaign you can…
- Jul 16, 2026
- Jul 10, 2026
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May 29, 2026
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Mar 10, 2026
+5 more coverage
- The Futurum Group Yann LeCun’s AMI Raises $1BN Seed Round – Is the World Model Era Finally Here?
- TechCrunch Yann LeCun’s AMI Labs raises $1.03B to build world models
- Reuters Ex-Meta AI chief Yann LeCun's AMI raises $1.03 billion for alternative AI approach
- Observer Yann LeCun’s Paris A.I. Startup AMI Labs Raises Record $1B Seed Round
- Crunchbase News Turing Winner LeCun’s New ‘World Model’ AI Lab Raises $1B In Europe’s Largest Seed Round …
- Mar 10, 2026
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Jan 22, 2026
- Jan 22, 2026
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