Recently, UK-based AI company Ineffable Intelligence completed a $1.1 billion seed funding round, setting a new record for seed funding in Europe. Its post-money valuation is $5.1 billion. The company’s website is ineffable.ai.
Founded by David Silver, former head of reinforcement learning at DeepMind and a core developer of AlphaGo, the company focuses on reinforcement learning and aims to create “super learners” that can learn autonomously from experience without relying on human data, exploring new paths for general artificial intelligence.
This round was co-led by Sequoia Capital and Lightspeed Venture Partners, with participation from NVIDIA, Google, DST Global, and the UK’s sovereign AI fund, demonstrating the high level of global capital recognition for cutting-edge AI technology.
Signing up such a large amount of funding just months after its founding and without a mature product reflects both the technical appeal of the founding team and the shift in the AI industry from a large-scale model arms race to a long-term exploration of fundamental intelligent principles. This funding will be used for technology research and development and team expansion, propelling AI from imitating human knowledge to a new stage of autonomously discovering new knowledge.
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