Advanced Machine Intelligence (AMI), a new Paris-based startup cofounded by Meta’s former chief AI scientist Yann LeCun, announced Monday it has raised more than $1 billion to develop AI world models.
LeCun argues that most human reasoning is grounded in the physical world, not language, and that AI world models are necessary to develop true human-level intelligence. “The idea that you’re going to extend the capabilities of LLMs [large language models] to the point that they’re going to have human-level intelligence is complete nonsense,” he said. [0]
[0] https://www.wired.com/story/yann-lecun-raises-dollar1-billio...
Why on earth would you start your ai startup in Paris? Of all places in western Europe it's one of the hardest to find, attract and keep talented people. The wages are super low, housing is high and language is an issue.
Now check how much OpenAI got in their last funding round, and you have your answer.