Discovery Loop Seeks $1B Raise at $10B Valuation

AI startup Discovery Loop, founded by ex-Google scientists, is negotiating a $1B funding round at a $10B valuation to scale automated scientific discovery.

Woofun AI reports that Discovery Loop, an artificial intelligence firm established by former Google Chief Scientist Jeff Dean, is engaged in discussions to secure $1 billion in financing. The company commands a valuation of approximately $10 billion, though final terms remain subject to adjustment.

Discovery Loop utilizes automated machine learning and parallel experiment execution to accelerate advancements in science and engineering. Initial capital was provided by Radical Ventures and Khosla Ventures, alongside Lightspeed, Kleiner Perkins, and Doerr Capital, with Alphabet acting as both an early investor and cloud partner. The founding roster features former Google researchers Sanjay Ghemawat, Quoc Le, and Oriol Vinyals.