AI ‘godfather’ raises US$1bil for start-up

Strategic advantage: Pedestrians walk along the promenade near the financial business district in Singapore. LeCun says the government is right to focus on education, as the definition of being AI-literate is continuously changing. — AFP

SINGAPORE: One of the pioneers of modern artificial intelligence (AI) has raised US$1.03bil (S$1.3bil) for his start-up AMI Labs in a seed funding round supported by Singapore’s investment company Temasek and Shopee owner Sea Ltd.

The fundraising announced on March 10 will support the development of advanced machine intelligence – where AI models are primarily trained with visuals to learn representations of the real world.