Artificial Intelligence

Former Deepmind star lands $1.1bn backing for AI startup

Europe / United Kingdom0 views1 min
Former Deepmind star lands $1.1bn backing for AI startup

David Silver, a former Google DeepMind researcher, has raised $1.1bn for his London-based AI startup Ineffable Intelligence. The company focuses on reinforcement learning, aiming to develop 'superlearners' that can learn independently of human input.

David Silver, a former Google DeepMind researcher, has secured $1.1bn in funding for his London-based AI startup Ineffable Intelligence. The funding round was led by Sequoia Capital and Lightspeed Venture Partners, with backing from Nvidia, Google, and Index Ventures. Ineffable Intelligence is focused on reinforcement learning, a method where AI systems learn through trial and error. The company plans to develop 'superlearners', AI agents trained in simulated environments that can develop new capabilities independently. Silver's mission is to make 'first contact with superintelligence', potentially leading to new forms of science, technology, or economics. The startup was valued at $5.1bn following the funding round.

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