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Sources: Isomorphic Labs, an AI drug discovery startup spun out of Google DeepMind, is in early talks to raise funds at a valuation of at least $40B (Bloomberg)

Isomorphic Labs, an AI-powered drug discovery startup spun out of Google DeepMind, is in early talks to raise new funds at a valuation of at least $40 billion, according to Bloomberg.

The company is focused on using AI for drug discovery.

No further details on the funding talks were reported.

Brief written by urgent.news from Techmeme, 9to5Google — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.

Read the original at bloomberg.com →

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