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Anthropic Alumni Startup Sees Valuation Jump Fivefold

Mirendil, an artificial intelligence startup founded by former Anthropic researchers, is in talks to raise new funding at a $5 billion valuation, Bloomberg reported, citing people familiar with the matter. Kleiner Perkins is in talks to lead the round, which could bring in up to $1 billion in new capital, Bloomberg said. Andreessen Horowitz is […] The post Anthropic Alumni Startup Sees Valuation…

Anthropic Alumni Startup Sees Valuation Jump Fivefold

Anthropic alumni startup Mirendil, which aims to build AI models capable of recursive self-improvement, is in talks to raise new funding at a $5 billion valuation, marking a fivefold increase in value in just one quarter. The new capital, which could bring in up to $1 billion, is being led by Kleiner Perkins and Andreessen Horowitz, with additional talks from Andreessen Horowitz.

Mirendil, founded this year by former Anthropic researchers with over 20 staff members, plans to launch a frontier model for engineering and research work by early next year. The company's valuation jump comes as investors increasingly back neo-labs, startups focused on ambitious research rather than near-term revenue.

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