Every model since ChatGPT rides the same scaling law: add parameters, and capabilities improve reliably. Banbury Road trains more models instead, delivering frontier capability at a fraction of the cost and memory of big, monolithic SOTA models. The team met as top of the class undergrads at Oxford. Before leaving PhDs at Yale and UChicago, they automated PhDs by shipping freephdlabor, the first AI system to mass-produce peer-reviewed research published at ICLR 2025.