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Nvidia backs $300m seed round for ex-OpenAI VP-led startup

Periodic Labs, an AI and materials science startup, has launched from stealth with a US$300 million seed round backed by investors including Andreessen Horowitz, DST, Nvidia, Accel, Elad Gil, Jeff Dean, Eric Schmidt, and Jeff Bezos.

Founded by Ekin Dogus Cubuk, who led the materials and chemistry team at Google Brain and DeepMind, and Liam Fedus, previously VP of research at OpenAI, the company aims to use AI and robotics to accelerate scientific discovery.

Periodic Labs is focused on developing new superconductors and other materials by automating laboratory experiments with AI-driven robots.

The team includes researchers with backgrounds in AI and materials science projects from OpenAI, Microsoft, and other major tech companies.

The company plans to generate new physical data through automated experiments, which it says could advance AI and materials research.

Other startups and research groups, such as Tetsuwan Scientific and the University of Toronto’s Acceleration Consortium, are also exploring AI-driven scientific discovery.

🔗 Source: TechCrunch

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