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Yann LeCun Exits Meta To Pioneer Next-Generation AI Innovations

Yann LeCun, one of the seminal figures in modern artificial intelligence, has announced his departure from Meta to pursue an ambitious new venture in advanced machine intelligence. The move marks a significant turning point as LeCun endeavors to develop AI systems that can understand the physical world, remember persistently, reason through complexities, and plan intricate action sequences.

A Bold New Vision For Advanced Machine Intelligence

In a detailed LinkedIn post, LeCun outlined his plans to launch a startup focused on what researchers describe as world models—systems that extend beyond traditional web-based data analysis to capture the nuances of physical reality. His initiative, rooted in the Advanced Machine Intelligence (AMI) program he helped nurture at Meta’s FAIR lab and New York University, is set to redefine how AI interacts with the physical environment. LeCun clearly stated that the startup aims to ignite a revolution in the field by enabling systems with robust memory, reasoning capabilities, and complex planning.

Meta’s Shifting AI Landscape

The timing of LeCun’s exit coincides with a period of significant upheaval at Meta. The company recently restructured its AI research division following a lukewarm response to its open-source Llama model. As part of a sweeping overhaul, CEO Mark Zuckerberg has invested billions to attract premier AI talent, highlighted by a high-profile $14.5 billion deal with Scale AI and the recruitment of Alexandr Wang—a move which underscores Meta’s commitment to the competitive landscape dominated by giants such as OpenAI and Google.

Legacy, Partnerships, And The Future Of AI

LeCun’s tenure at Meta began in 2013 when he joined to lead the FAIR research team, a role that he simultaneously balanced with his academic commitments at New York University. He lauded his contributions to establishing FAIR as his most rewarding non-technical achievement. Reflecting on his journey, LeCun expressed gratitude toward influential figures like Mark Zuckerberg, Andrew Bosworth, Chris Cox, and Mike Schroepfer for their steadfast support of his work.

Despite departing from Meta, LeCun confirmed that the company will partner with his new venture, ensuring that the groundbreaking research initiated within FAIR continues to influence the broader industry. This collaboration highlights the nuanced balance between open-source research principles championed by LeCun and the proprietary, competitive strategies now shaping Silicon Valley’s approach to AI.

As LeCun embarks on this new chapter, his departure represents not only a personal milestone but also a broader shift in AI development. By venturing into uncharted territories of machine intelligence, LeCun aims to redefine the capabilities of artificial systems, setting the stage for innovations that could reshape industries and propel AI beyond its current limitations.

Cyprus Residential Market Surpasses €2.5 Billion In 2025 With Apartments Leading the Way

Market Overview

In 2025, Cyprus’ newly built residential property market achieved a remarkable milestone, exceeding €2.5 billion. Data from Landbank Analytics indicates robust activity countrywide, with newly filed contracts reaching 7,819, including off-plan developments. This solid performance underscores the market’s resilience and dynamism across all districts.

Transaction Breakdown

The apartment sector clearly dominated the market, constituting 81.6% of transactions with 6,382 deals valued at €1.77 billion. In contrast, house sales represented a smaller segment, encompassing 1,437 transactions and generating €737.9 million. The record-high transaction was noted in Limassol, where an apartment sold for approximately €15.2 million, while the priciest house fetched roughly €6.2 million.

Regional Analysis

Nicosia: The capital recorded steady domestic demand with 2,171 new residential transactions. Apartments accounted for 1,836 deals generating €349.6 million, compared to 335 house transactions worth €105.5 million, anchoring Nicosia as a core market with average values of €190,000 for apartments and €315,000 for houses.

Limassol: As the island’s principal investment center, Limassol led overall activity with 2,207 transactions. Apartments dominated with 1,936 sales generating €824.1 million, while 271 house transactions added €157.9 million. The district enjoyed premium pricing, with apartments averaging over €425,000 and houses around €583,000.

Larnaca: This district maintained robust activity with a total of 2,020 transactions. The apartment segment realized 1,770 transactions worth €353 million, and houses contributed 250 deals valued at €96.3 million. Average prices hovered near €200,000 for apartments and €385,000 for houses, positioning Larnaca within the mid-market bracket.

Paphos: With a more balanced mix, Paphos completed 1,078 transactions. Ranking second in overall value at €503.2 million, the district saw house sales generate €287.8 million and apartments €215.4 million. Consequently, Paphos achieved the highest average house price at approximately €710,000 and an apartment average of €320,000, emphasizing its premium housing profile.

Famagusta: Distinguished by lower transaction volumes, Famagusta was the sole district where house sales outnumbered apartment deals. Out of 343 transactions, 176 involved houses (yielding €90.4 million) and 167 were apartments (at €32.4 million). The segment’s average prices were about €194,000 for apartments and over €513,000 for houses, signaling its focus on holiday residences and coastal developments.

Sector Insights and Forward View

Commenting on the report, Landbank Group CEO Andreas Christophorides remarked that the analysis demonstrates an ecosystem where apartments are the cornerstone of the real estate market. He emphasized, “The apartment sector is not merely a trend; it is the engine powering the country’s real estate market.” Christophorides also highlighted the diverse regional dynamics: Limassol leads in apartment pricing, Paphos commands premium house prices, Nicosia remains pivotal to domestic demand, Larnaca sustains competitive activity, and Famagusta caters to holiday home buyers.

In a market characterized by these varied profiles, informed monitoring of regional and sector-specific dynamics is crucial for investors aiming to make targeted and strategic decisions.

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