Jeff Dean's Discovery Loop Is Seeking About $50B, Five Times the Valuation It Discussed Weeks Earlier
Business Insider·medium signal
Business Insider reports former Google chief scientist Jeff Dean is raising for Discovery Loop at roughly $50 billion, up from about $10 billion on a planned $1 billion raise only weeks ago. The company, cofounded with Sanjay Ghemawat, Quoc Le and Oriol Vinyals, pitches automated systems that run massive parallel scientific experiments to compress research timelines. There is no commercial product, so the mark is entirely a bet on the four names.