Recursive emerges from stealth with $650M in funding to build self-improving AI

AIMPACT update: On May 13 (UTC+8), according to monitoring by Beating, Recursive, an AI startup founded by former DeepMind chief scientist Tim Rocktäschel and others, has emerged from stealth mode. The company is dedicated to building "self-improving AI" and aims to enable AI to conduct its own experiments to optimize itself. Today, Recursive announced it has raised $650 million in funding, achieving a valuation of $4.65 billion. This round, internally described as "severely oversubscribed," was led by GV (Google Ventures) and Greycroft, with participation from NVIDIA and AMD Ventures. The Recursive team currently comprises over 25 members, many of whom previously led research at labs including OpenAI, Meta, and Salesforce. Their technical approach is based on the insight that human intelligence arises from an "open-ended" evolutionary process—and that the fastest path to superintelligence is to replace manually designed AI algorithms with an automated scientific discovery process. (Source: BlockBeats)