Jaeden Schafer
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AMI Labs is looking apparently to expand.
AMI Labs is looking apparently to expand.
500 million euros, that's about $586 million, at a $3 billion valuation, or about $3.5 billion before they've even launched.
500 million euros, that's about $586 million, at a $3 billion valuation, or about $3.5 billion before they've even launched.
This is according to the Financial Times, who cited some people that are familiar with all of this.
This is according to the Financial Times, who cited some people that are familiar with all of this.
Given how aggressively investors are backing AI startups right now, which were founded by the kind of globally recognized researchers...
Given how aggressively investors are backing AI startups right now, which were founded by the kind of globally recognized researchers...
I think this is not that shocking by today's standards.
I think this is not that shocking by today's standards.
Like for comparison, we can look at the former OpenAI CTO, which is Miriam Maradi.
Like for comparison, we can look at the former OpenAI CTO, which is Miriam Maradi.
She started Thinking Machine Labs.
She started Thinking Machine Labs.
It was valued at $12 billion in its seed round last year.
It was valued at $12 billion in its seed round last year.
And Maradi also doesn't have the same kind of level of academic and industry credibility that I think a lot of people give to YANN.
And Maradi also doesn't have the same kind of level of academic and industry credibility that I think a lot of people give to YANN.
So I think, you know, like Lacan, he's a professor at New York University.
So I think, you know, like Lacan, he's a professor at New York University.