Former Google chief scientist Jeff Dean is raising again for his new AI startup, seeking around a $50 billion valuation
Jeff Dean, former Google chief scientist, is raising another round of funding at a valuation of around $50 billion.
Jeff Dean, a former Google chief scientist, is raising his new AI startup, Discovery Loop, for a potential $50 billion valuation. Dean left Google last month after a 27-year career with the company. Discovery Loop aims to automate discovery to accelerate science and engineering across the world, with the goal of building AI that acts as a positive force for humanity.
The startup has already raised $1 billion at a $10 billion valuation but is now seeking funding at the higher valuation in the competitive AI startup market. Discovery Loop's founders, including Dean, have decades of experience building key Google products and have been recognized as leading researchers in AI.
Written by urgent.news from Business Insider's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.