Ripple and Stellar founder Jed McCaleb plans to invest $1 billion to develop an AGI system based on the principles of the human brain

According to Forbes, Ripple and Stellar founder Jed McCaleb will invest $1 billion from his approximately $3.9 billion cryptocurrency fortune through his nonprofit organization Astera Institute to develop AGI systems based on principles of the human brain. He has also committed an additional $600 million to the field of neuroscience.

Astera Institute, located in Emeryville, is currently planning to record the neural activity patterns of mice performing tasks through brain-machine interfaces, and then translate the research findings into new AI architectures, with future subjects expanding to monkeys and humans. McCaleb believes that the current mainstream Transformer architecture lacks key elements such as planning, decision-making, and motivation, and that new directions need to be explored. AI based on principles of the human brain is more likely to be understood and controlled by humans.