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When world models startup AMI - Advanced Machine Intelligence launched with a monster $1bn seed round earlier this month, one name was on everyone’s lips: the company’s original founder, former chief AI scientist at Meta and all-round tech superstar Yann LeCun.   But LeCun won’t be operating on his own. To lead AMI…

NEW w/ Tom Nugent and Freya Pratty: Mistral’s robotics chief is raising €200m for a new startup, promising to build AI models for robotics trained on more comprehensive data than the competition. Olivier Duchenne, a former AI researcher at Meta, has served as director of robotics at French AI company Mistral since…

Robotics startup UMA launched in Paris nine months ago to high expectations: the company was founded by former employees from Hugging Face, Tesla and Google DeepMind. Earlier this month cofounder Remi Cadene (himself a Tesla and Hugging Face alum) lifted the veil on what Uma has been working on. He calls it “real-…

NEW: Gravis Robotics hits $1bn valuation with $200m investment from SoftBank Gravis Robotics, an ETH Zurich spinout, builds AI models to automate heavy construction equipment; a few weeks ago SoftBank was reported to be eyeing an acquisition of the Swiss startup.

It's been a Mistral-heavy week, with news yesterday that South Korean conglomerate Samsung is in talks to invest up to €1bn in French scaleup as part of its broader Series D. It comes days after Freya Pratty and I scooped that the EU’s Scaleup Fund, led by EQT, is in talks to lead or co-lead the round. Freya and I…

NEW w/ Tom Nugent and Freya Pratty: Mistral’s robotics chief is raising €200m for a new startup, promising to build AI models for robotics trained on more comprehensive data than the competition. Olivier Duchenne, a former AI researcher at Meta, has served as director of robotics at French AI company Mistral since…