Ex-OpenAI Trio in Funding Talks at $500 Million Valuation

As artificial intelligence developers increasingly rely on reinforcement learning to improve their models, investors are funding startups that focus on helping businesses utilize the technique to automate more tasks.

In the latest example, Applied Compute, founded in May by three former OpenAI staffers, is in talks to raise new funding at a $500 million valuation just three months after a round that valued it at $100 million, according to people involved in talks.