Yann LeCun, the Turing Award winner and former chief AI scientist at Meta, founded the startup Advanced Machine Intelligence (AMI) announced on Tuesday that it has successfully raised $1.03 billion in funding, with a pre-money valuation of $3.5 billion.

AMI focuses on commercializing AI systems built around "reasoning, planning, and world models." After leaving Meta, Yann LeCun is trying to challenge the current generative AI paradigm through new technological approaches.

Yann LeCun pointed out that large language models (LLMs) based on "predicting the next word" cannot produce true general agents. AMI aims to build systems that can perform logical reasoning and behavioral planning in complex real-world environments. The company's short-term goals target fields with high requirements for intelligent systems, including aerospace, automotive manufacturing, biomedical, pharmaceutical groups, and large manufacturers, aiming to become a core intelligent supplier in these industries.

Yann LeCun revealed that this technology will empower home robots, enabling them to have "common sense" understanding of the physical world. Additionally, he is discussing with Meta the possibility of applying this technology to the Ray-Ban smart glasses product line. The recent round of funding was led by Cathay Innovation, Greycroft, Hiro Capital, HV Capital, and Bezos Expeditions.