Sources: Google DeepMind spinout Isomorphic Labs is in talks to raise ~$5B at a ~$50B valuation; the AI drug discovery startup last raised $2.1B in May (Bloomberg)

Isomorphic Labs, a spinout from Google DeepMind, is currently in talks to raise approximately $5 billion in new funding. According to Bloomberg, the AI drug discovery startup is seeking this investment at a valuation of roughly $50 billion. The company's last funding round, which raised $2.1 billion, took place in May.

Separately, Google has announced a new partnership that will allow Canadian users to make purchases through the Gemini app or Google’s AI search mode without leaving those platforms. As reported by CityNews, the partnership includes retailers such as Lululemon Athletica Inc., Shoppers Drug Mart, La Maison Simons, and certain Shopify Inc. merchants.

The new feature enables customers to use Gemini or Google’s AI search tool to locate items based on specific styles, colors, or features. Once options are presented by the AI, shoppers can complete their purchases directly within the app or search page.

Brief written by urgent.news from Techmeme, CityNews, Winnipeg Free Press — 3 reports on this story. Machine-written — may contain errors; check the original before relying on it.