Former OpenAI and DeepMind researchers raise whopping $300M seed to automate science 

Periodic Labs, a startup founded by former researchers from OpenAI and DeepMind, has raised an impressive $300 million in seed funding. The company aims to automate scientific research and discovery using advanced AI and machine learning technologies. The seed round was led by a group of prominent investors, including Andreessen Horowitz, Nvidia, Elad Gil, Jeff Dean, Eric Schmidt, and Jeff Bezos. This substantial funding reflects the tech industry's belief in Periodic Labs' potential to revolutionize the scientific process. The startup's goal is to develop AI systems that can autonomously conduct experiments, analyze data, and generate new hypotheses, potentially accelerating scientific progress across various fields. By automating these tasks, Periodic Labs hopes to make scientific research more efficient and accessible. The founders' experience at leading AI research companies, such as OpenAI and DeepMind, is seen as a valuable asset in their pursuit of this ambitious goal. The significant investment in Periodic Labs underscores the growing importance of AI in advancing scientific discoveries.