Yann LeCun launched a new VC fund — then quit. What happened?

Sifted · 1 day ago

Yann LeCun launched a new AI venture capital firm called Extelligence Invest and quit the same day, creating confusion in Europe's tech sector. LeCun continues to lead AMI Labs, which raised $1 billion in funding this year, and serves as an advisor to Hiro Capital. The reasons for his sudden departure from Extelligence remain unclear, though he maintains multiple other commitments in AI investing and research.