Ex-OpenAI Researcher’s Six-Week-Old Startup Targets Funding at $4 Billion Valuation
$4B. That's the valuation Core Automation—a six-week-old startup—is targeting just weeks after its $1B Series A. The speed of markup is reshaping how fast AI founders can scale.
Why it matters
A brand-new AI model startup founded by an ex-OpenAI researcher is raising at a $4B valuation within weeks of a $1B round, signaling that venture capital velocity around AI chip adoption and model development has fundamentally compressed traditional funding timelines.
The key facts
7 to knowCore Automation founded late March 2026 by Jerry Tworek (ex-OpenAI researcher)
Series A: $100M at $1B valuation (weeks prior)
Series B target: $300M–$500M at ~$4B valuation
4x valuation increase in <6 weeks
Nvidia invested in Series A round
Competing directly with Anthropic and OpenAI
Trend: Nvidia's investment spree in AI chip startups has unlocked traditional VC interest and compressed funding velocity
Go to the source
The Informationtheinformation.com
Publisher excerpt: Nvidia’s investment spree in startups that use its AI chips has stoked traditional venture capital firms’ interest in those companies. That has paved the way for brand-new startups taking on Anthropic and OpenAI to raise back-to-back funding rounds, sometimes in a matter of weeks. In the latest…