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Advanced Machine Intelligence raises record $1.03 billion financing round

March 2026

Client(s) Advanced Machine Intelligence

Jones Day advised Advanced Machine Intelligence (AMI), a French startup whose ambition is to revolutionize AI by developing new artificial intelligence models ("world models"), in connection with its formation and record $1.03 billion financing co-led by Cathay Innovation, Greycroft, Hiro Capital, HV Capital, and Bezos Expeditions with participation from multiple other long-term investors and strategic backers across the world.

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