Meta’s chief artificial intelligence scientist Yann LeCun, who recently announced he would be leaving the company is in early discussions to raise EUR 500M for his start-up, Ivan Levingston and Melissa Heikkila of The Financial Times reports. LeCun has also lined up Alexandre LeBrun, founder of Nabla, as CEO, people familiar with the matter told the Times. LeCun is targeting a valuation of EUR 3B for his startup, but discussions are in the early stages and could change, the sources added.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on META:
- Sources detail Zuckerberg’s plan to make Meta an AI leader, FT reports
- Meta ‘pauses’ third party headset program, Road to VR reports
- Meta Platforms: Undervalued AI Leader with Strengthening 2026–2027 Earnings Outlook Supports Buy Rating
- Why Broadcom Stock (AVGO) Is Emerging as a Top Wall Street Pick for 2026
- AI Daily: Amazon discusses investing $10B in OpenAI
