Tech

Yann LeCun Confirms New 'World Model' Startup, Reportedly Seeks $5B+ Valuation

QM
Quinn Martinez
Culture & Trends Editor
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Renowned AI scientist Yann LeCun has confirmed the launch of a new startup, reportedly seeking a valuation of over $5 billion. The news comes as a surprise to many in the tech industry, as LeCun had been working on a mysterious project for some time.

According to TechCrunch, LeCun will not be running the new company as its CEO, but will instead be focusing on the development of the company's core technology. The startup is said to be working on a new type of AI model, known as a 'world model', which is designed to be more general and flexible than traditional AI systems.

The news of LeCun's new startup has sent shockwaves through the tech industry, with many experts hailing it as a major breakthrough in the field of AI. However, some have also expressed concerns about the potential risks and challenges associated with the development of such advanced AI technology.

The startup is reportedly seeking funding of over $5 billion, with investors already showing significant interest in the project. However, the exact details of the funding round have not been disclosed.

The launch of LeCun's new startup is seen as a major milestone in the development of AI technology, and is likely to have significant implications for the industry as a whole.

Sources

[5] Yann LeCun confirms his new ‘world model’ startup, reportedly seeks $5B+ valuation