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Yann LeCun’s second attempt at a VC fund lands with $100M and Gemini’s co-lead as a partner
['Ana-Maria Stanciuc', 'Story By']
The Next Web
TL;DR LeCun and Oriol Vinyals join 224 Ventures, a new AI fund with $100M+ in assets.
Targets early stage AI with $1M-$5M checks.
The fund is targeting $81 million for its core early stage vehicle, with about $30 million raised so far.
Once the early stage fund closes, total assets should reach at least $150 million, according to Johnson.
The focus is early stage AI applications, especially research talent building capital-efficient models.