Advanced Machine Intelligence (AMI), a startup founded by former Meta Chief AI Scientist Yang Likun, announced on Tuesday that it has raised $1.03 billion in funding, with a pre-money valuation of $3.5 billion. The company focuses on commercializing AI systems based on reasoning, planning, and 'world models,' targeting customers such as manufacturers, automotive companies, aerospace firms, biomedical companies, and pharmaceutical groups. AMI builds its technological foundation using the Joint Embedding Predictive Architecture (JEPA), enabling AI to possess reasoning capabilities that ignore noise and focus on key dynamic changes. The company plans to apply its technology in fields such as healthcare, industrial process control, automation, wearable devices, and robotics, and has held discussions with Meta regarding the future use of AMI technology in its wearable devices.
