March 10, 2026
Yann LeCun’s AMI Labs raises $1.03 billion to build world models
AMI Labs, co-founded by AI luminary Yann LeCun, has secured a staggering $1.03 billion in funding at a $3.5 billion pre-money valuation. This marks one of the largest seed rounds in European history, underscoring the immense investor confidence in LeCun's vision to advance AI world models. The funding will enable AMI Labs to accelerate its research and development efforts, potentially setting new benchmarks in AI capabilities.
New Funding Rounds
New Product Launches
Companies Out of Stealth
Legal and Policy Developments
Anthropic's lawsuit against the Department of Defense has garnered significant support from employees at OpenAI and Google, highlighting the tech community's concerns over government intervention in AI supply chains. The lawsuit challenges the DOD's designation of Anthropic as a supply-chain risk, which could have broader implications for AI firms working with government contracts.
Industry Moves
Bluesky CEO Jay Graber steps down, citing the need for a seasoned operator to scale the company. Meanwhile, Qualcomm's partnership with Neura Robotics marks a strategic move to enhance robotic capabilities using Qualcomm's new processors.