LLM alternatives AI News & Updates

Yann LeCun Launches World Model AI Startup AMI Labs, Seeks Multi-Billion Dollar Valuation

Renowned AI scientist Yann LeCun has confirmed the launch of his new startup, Advanced Machine Intelligence (AMI Labs), which will focus on developing world model AI as an alternative to large language models. The company, led by CEO Alex LeBrun (formerly of Nabla), is reportedly seeking to raise €500 million at a €3 billion valuation. World models aim to simulate cause-and-effect relationships to overcome LLMs' hallucination problems by understanding environmental dynamics rather than relying on probabilistic text generation.