Doosan Invests €5.8M in AI Startup Founded by 'Godfather of AI'

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By Hyejin Jung
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Doosan invests 5.8 million euros in 'AI Godfather' startup - Seoul Economic Daily Finance News from South Korea
Doosan invests 5.8 million euros in 'AI Godfather' startup

Doosan Group is joining Nvidia and other global investors in backing an artificial intelligence startup founded by one of the field's most celebrated pioneers.

Doosan Group announced on May 11 that it will invest €5.8 million (approximately 9.9 billion won) in AMI Labs as a limited partner in an overseas project fund organized by global venture capital firm SBVA. Doosan Corp. will contribute €3.8 million, while Doosan Investment will invest €2 million.

SBVA is a global venture capital firm that identifies and invests in promising startups in the ICT sector worldwide. Singapore-based investment firm The Edgeof, founded by Taizo Son—brother of SoftBank Group Chairman Masayoshi Son—acquired SBVA in 2023.

AMI Labs, a global frontier lab, was founded by Yann LeCun, a professor at New York University and one of the world's leading AI scholars. LeCun is widely regarded as a founding figure of modern deep learning, having received the Queen Elizabeth Prize for Engineering and the ACM Turing Award, among the highest honors in science and engineering.

AMI Labs is developing world models centered on self-supervised learning and Joint Embedding Predictive Architecture (JEPA), aiming to achieve "agentic intelligence" that enables AI to understand and reason about the world like humans. World models are AI systems capable of understanding the physical laws of the real world and predicting and judging future phenomena. This technology overcomes limitations of existing large language models (LLMs) and vision language models (VLMs), making it essential for implementing physical AI.

The investment round also includes symbolic figures representing the global IT industry, such as Amazon founder Jeff Bezos and former Google Chairman Eric Schmidt, along with global institutional investors and Nvidia.

Original reporting by Hyejin Jung for Seoul Economic Daily.

AI-translated from Korean. Quotes from foreign sources are based on Korean-language reports and may not reflect exact original wording.

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