Richard Socher, a well-known figure in natural language processing and the CEO of You.com, has reportedly launched a new startup called Recursive. According to a Latent Space report, the company is focused on recursive self-improvement (RSI) and is already valued at $5 billion.

The term 'recursive self-improvement' generally refers to systems that can improve their own capabilities without human intervention, a concept often discussed in AI safety and AGI research. The Latent Space article frames this as an ambitious next step for Socher, who has deep roots in the AI community.

Since this is a single source, the details are limited to what Latent Space reports. No further specifics about Recursive's technology, team, or roadmap are provided in the source. The valuation, if accurate, would place Recursive among the most valuable AI startups to emerge recently.