Periodic Labs, a company jointly established by former researchers from OpenAI and Google DeepMind, has made several notable breakthroughs in the past year. Its crowning achievement is the Periodic Neon model, which boasts an impressive 1 trillion parameters. Leveraging the Kimi K2.6 framework, this model is adept at analyzing XRD spectra obtained from material experiments. It demonstrated superior performance over several state-of-the-art models in internal evaluations. At present, Periodic Neon is employed for data analysis at Periodic Labs' high-throughput materials laboratory located in Menlo Park, USA, and is poised to play a more significant role in scientific research endeavors moving forward. Additionally, Periodic Labs has shared updates on the advancements in the AI infrastructure and automated laboratories that underpin Periodic Neon, noting that its high-throughput lab now operates around the clock. From a financial standpoint, Periodic Labs secured $300 million in seed funding in September 2025, valuing the company at roughly $1.3 billion. The company is currently in talks for a new funding round of at least $500 million, with a projected valuation of approximately $7.5 billion. The co-founders of Periodic Labs are veterans of OpenAI and DeepMind, and its scientific advisory board features Stanford University professor Zhixun Shen. The company's current focus is on merging large models, material simulations, and automated laboratories to forge AI scientists. Moreover, Periodic Labs has already partnered with industrial clients to tackle real-world challenges, such as chip cooling.