Ex-OpenAI Researcher’s Startup Targets Up to $1 Billion in Funding to Develop a New Type of AI

The wave of so-called AI neolabs seeking breakthroughs they think incumbents like OpenAI will miss continues to rise.

Core Automation, an AI startup founded by former senior OpenAI researcher Jerry Tworek in recent weeks, aims to raise between $500 million and $1 billion in funding, according to a person who has spoken with the company.

He wants to develop AI models using methods that major firms such as OpenAI and Anthropic aren’t heavily focused on, according to materials shown to potential investors, and to create AI models that can learn on the fly from real-world experience, a capability known as continual learning, which today’s models cannot do, the person said.