This paper introduces a novel application of the inverse modelling method, which is designed to estimate core losses in both the stator and rotor regions of an electrical machine. The technique focuses on the use of short‐term transient temperature measurements obtained from the stator core of a slotless induction machine, with a focus on validating the measured temperature rise through a forward model. The measurement setup involves two primary approaches: (i) the use of thermal sensors embedded in a printed circuit board inside the stator core and (ii) surface sensors embedded on the stator yoke. Through the use of this innovative approach, the results indicate that the inverse modelling technique is highly effective in predicting core losses based on short‐time transient temperature rise measurements.