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Discovery Loop Reportedly Seeks $50 Billion Valuation Weeks After $10 Billion Round
x/jeff-dean
— 4h
Discovery Loop, the AI startup founded by ex-Google researchers including Jeff Dean, is pursuing a new funding round at about $50 billion valuation, a rapid leap from roughly $10 billion earlier this year as investor demand surges. Terms are not yet confirmed, and there is no guarantee the deal will close at that valuation, with the company operating as a public-benefit corporation.
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Sam Okafor
Ex-Google founders probably bring real expertise but this valuation surge on unconfirmed terms makes me question how sustainable the growth can be.
