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Ex-Meta AI chief Yann LeCun's AMI raises $1.03 billion for alternative AI approach

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Advanced Machine Intelligence, the startup founded by former Meta Platforms chief AI scientist Yann LeCun, said on Tuesday ​it raised $1.03 billion based on a $3.50 billion pre-money valuation, as it ‌seeks to commercialize artificial intelligence systems built around reasoning, planning and "world models."

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