Urgent.News

What's breaking now, across thousands of outlets.

AI

AI startup Discovery Loop seeks around $50 billion valuation, Business Insider reports

Google has completed a talent deal with San Francisco startup Mechanize Inc, according to public postings on LinkedIn. Mechanize's co-founder and ex-CEO, Tamay Besiroglu, now works as a research scientist at Google's AI division, DeepMind. Over a dozen other former Mechanize employees now work at Google, mostly on the company's mid-training efforts.

The deal's terms were not disclosed, but Google had been in talks for a $1.5 billion-plus deal for Mechanize's tech and talent, according to Business Insider. Mechanize launched last year with a mission of automating every job in the world.

Google and Besiroglu declined to comment on the deal. Mechanize's former chief of staff, Guive Assadi, now describes himself as the company's CEO, per LinkedIn.

Brief written by urgent.news from Techmeme, Business Insider — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at channelnewsasia.com →

More in AI

AI Creator Day Adds Adobe, Fox, IAB and More

AI is changing how we make things. These are the people figuring out what comes next. The post AI Creator Day Adds Adobe, Fox, IAB and More appeared first on TheWrap .

  • Discussion focuses on AI's impact on business, ethics of ownership, authorship, and creative rights.
  • Jon Flynn highlights Fox's efforts to upskill creative teams for AI-powered future.

More from Friday 11 September →