The report said LeCun has tapped Alexandre LeBrun, the founder of French health tech startup Nabla, as chief executive, citing people familiar with the matter.
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Strong funding commitments and a high valuation before launch could fuel fears of an AI bubble after industry leaders warned that enthusiasm for AI may have outstripped business fundamentals.
The startup plans to build AI systems using so-called world models that can understand the physical world. The systems could support applications including robotics and transport.
LeCun did not immediately respond to a Reuters request for comment.
He is widely regarded as one of the “godfathers” of deep learning, alongside Geoffrey Hinton and Yoshua Bengio — a trio that won the 2018 Turing Award, often called the Nobel Prize of computing.
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Reporting by Zaheer Kachwala in Bengaluru; Editing by Tasim Zahid
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