Meta’s chief artificial intelligence scientist Yann LeCun is in early talks to raise €500mn for his new start-up, in a move that would value the AI company at about €3bn before it has officially launched.
LeCun, who recently announced he would be leaving Meta at the end of the year, has also lined up the founder of French health tech start-up Nabla, Alexandre LeBrun, as chief executive, according to people familiar with the matter.
LeCun, a French-US scientist and Turing award winner who is considered one of the pioneers of modern AI, is targeting a €3bn valuation but discussions were still in the early stages and could change, the people added.
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