**[AI Godfather Yann LeCun Officially Enters VC, Fund Management Exceeds $100 Million]** According to monitoring by Beating, former Meta Chief AI Scientist Yann LeCun and former Gemini Co-Head of Technology Oriol Vinyals have joined the newly established AI venture capital firm 224 Ventures. The fund currently manages assets exceeding $100 million and is operated by Shaun Johnson, the former founder of AIX Ventures. 224 primarily invests in early-stage AI companies, focusing on areas such as AI applications, robotics, infrastructure, and model technologies. Individual investments range from $1 million to $5 million, targeting companies with valuations below $100 million. The fund typically participates as a co-investor rather than a lead investor. The core early-stage fund under 224 has a target size of $81 million and has already raised over $30 million. Existing managed assets also include funds previously allocated to growth-stage AI companies through special investment vehicles. Once the core fund's fundraising is complete, 224's total assets under management are expected to reach at least $150 million. Yann LeCun will continue to focus on his primary work at AMI Labs, while Vinyals has already founded an AI company called Discovery Loop. Both LeCun and Vinyals will be involved in sourcing projects, evaluating technologies, and participating in investment decisions, while Johnson oversees the fund's daily operations. The fund's investors are predominantly from the AI industry, including researchers, tech company executives, and entrepreneurs. [Original Link]