AI start-up founded by Yann LeCun raises USD 1.03 bln from Nvidia and others
AI start-up Advanced Machine Intelligence has raised about USD 1.03 billion in funding from investors including Nvidia and Toyota Ventures, according to Nikkei, citing company sources. The company was founded by AI researcher Yann LeCun, a professor at New York University and a pioneer of deep learning who previously led AI research at Meta. Advanced Machine Intelligence said the funding round was supported by a group of global investors and strategic backers, including Toyota Ventures, Nvidia, Samsung Elec