{"id":245478,"date":"2026-05-13T19:14:00","date_gmt":"2026-05-13T23:14:00","guid":{"rendered":"https:\/\/news-you-need.com\/index.php\/2026\/05\/13\/former-openai-researcher-to-raise-500-million-for-startup\/"},"modified":"2026-05-13T19:20:08","modified_gmt":"2026-05-13T23:20:08","slug":"former-openai-researcher-to-raise-500-million-for-startup","status":"publish","type":"post","link":"https:\/\/news-you-need.com\/index.php\/2026\/05\/13\/former-openai-researcher-to-raise-500-million-for-startup\/","title":{"rendered":"Former OpenAI researcher to raise $500 million for startup"},"content":{"rendered":"

Former OpenAI researcher to raise $500 million for startup<\/a><\/p>\n

https:\/\/www.forbes.com.au\/news\/innovation\/former-openai-researcher-to-raise-500-million-for-ai-science-startup\/<\/a><\/p>\n

Publish Date: 2026-05-13 19:14:00<\/a><\/p>\n

Source Domain: www.forbes.com.au<\/a><\/p>\n

\n\t\t\t\t\t\t
\n\t\t\t\t\t\t\tPublished on\t\t\t\t\t\t<\/span><\/p>\n

\t\t\t\t\t\t\tMay 14, 2026\n\t\t\t\t\t<\/p>\n

Periodic Labs, which plans to push breakthroughs in physics and chemistry using artificial intelligence, is in talks to raise $500 million at a valuation of $7.5 billion, a nearly sixfold jump since it was founded.<\/h5>\n

Periodic Labs\u2019 pitch to use automated laboratories to run thousands of physics and chemistry experiments for its AI models has captured investor attention with a new round valuing it at $7.5 billion.
Corbis via Getty Images<\/p>\n

Periodic Labs, a startup building an AI scientist that can use automated labs to make discoveries, is in advanced talks to raise at a $7.5 billion valuation in a round led by AMP, an investment vehicle founded by former Andreessen Horowitz general partner Anjney Midha, three sources familiar with the matter told Forbes.<\/p>\n

The round will be at least $500 million, two of the sources said. The round was \u201csignificantly oversubscribed\u201d and there are already talks for a fast-follow additional round at even higher valuation, one of the sources said.<\/p>\n

Periodic Labs did not respond to a request for comment. AMP declined to comment.<\/p>\n

The aggressive fundraise marks a meteoric rise for the San Francisco-based startup, which emerged in September last year with a $300 million seed round at a $1.3 billion valuation. If the current deal closes at the $7.5 billion mark, Periodic Labs, which debuted on the Forbes AI 50 Brink list this year, will see its value increase nearly sixfold in less than eight months.<\/p>\n

Bloomberg reported in March that Periodic Labs was in talks for a large funding round with at least a $7 billion valuation.<\/p>\n

The company was founded by Liam Fedus, a former vice president of research at OpenAI, and Ekin Dogus Cubuk, a former research scientist at Google\u2019s DeepMind. According to the company\u2019s website, Periodic Labs is developing autonomous robotic laboratories to run experiments to create custom…<\/p>\n

Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Former OpenAI researcher to raise $500 million for startup https:\/\/www.forbes.com.au\/news\/innovation\/former-openai-researcher-to-raise-500-million-for-ai-science-startup\/ Publish Date: 2026-05-13 19:14:00 Source…<\/p>\n","protected":false},"author":1,"featured_media":245479,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/www.forbes.com.au\/wp-content\/uploads\/2026\/05\/0x0-24.webp","fifu_image_alt":"","footnotes":""},"categories":[14],"tags":[20],"class_list":["post-245478","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-artificial-intelligence","tag-artificial-intelligence"],"_links":{"self":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/245478"}],"collection":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=245478"}],"version-history":[{"count":1,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/245478\/revisions"}],"predecessor-version":[{"id":245480,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/245478\/revisions\/245480"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/245479"}],"wp:attachment":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=245478"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=245478"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=245478"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}