Discovery Loop Seeks New Funding Round at $50 Billion Valuation

Discovery Loop, the AI startup co-founded by former Google chief scientist Jeff Dean, is in talks for a new funding round at a $50 billion valuation, according to people familiar with the matter. According to Odaily, that is five times higher than the company’s roughly $10 billion valuation target from several weeks ago. The company’s other co-founders are Sanjay Ghemawat, Quoc Le and Oriol Vinyals. Discovery Loop focuses on using AI to run thousands of experiments in parallel to speed up scientific and engineering research. Its first funding round was led by Radical Ventures and Khosla Ventures, with participation from Lightspeed, Kleiner Perkins and Doerr Capital.