Ripple founder Jed McCaleb will invest $1 billion to develop an AGI system based on human brain principles.

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According to a report by Forbes on March 27, Ripple and Stellar founder, cryptocurrency billionaire Jed McCaleb, has pledged $1 billion through his non-profit organization, Astera Institute, for research and development of artificial intelligence systems based on principles of the human brain, with the goal of achieving artificial general intelligence (AGI). McCaleb believes that the current mainstream Transformer architecture can only perform the single function of “prediction” and lacks key capabilities such as planning, decision-making, and motivation; AI research needs to return to the learning mechanisms of the human brain for a fresh start.

Astera Institute has hired former DeepMind executive Dileep George to lead AGI research, with plans to expand the team to 30 researchers this year and publicly publish research results. Additionally, McCaleb has also pledged an extra $600 million for neuroscience research, which includes implanting brain-machine interfaces in mice, monkeys, and even humans to record neural activity patterns and translate them into new AI architectures.

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