AI startup Discovery Loop seeks funding at $50 billion valuation
Discovery Loop, a California-based AI startup launched this year by former Google AI leaders including Jeff Dean, is seeking new funding at a $50 billion valuation, Business Insider reported. The report, citing people familiar with the matter, said terms could change and there is no guarantee the raise will happen. The startup had previously been in talks for $1 billion at around a $10 billion valuation.