Former Google chief scientist Jeff Dean is raising again for his new AI startup, seeking around a $50 billion valuation

Jeff Dean, who resigned arsenic main intelligence from Google past month, is raising again for his caller AI startup, Discovery Loop, this clip seeking a valuation of astir $50 billion, according to group acquainted pinch the matter.

It was only a fewer weeks agone that Discovery Loop was raising $1 cardinal dollars astatine astir a $10 cardinal valuation, Business Insider reported. But successful this white-hot fundraising marketplace wherever VCs' voracious appetite for apical AI talent specified arsenic Dean is matched only by the tremendous disbursal of building an AI lab, it seems it is ne'er excessively soon to raise backing again.

A spokesperson for Discovery Loop declined to comment. Dean did not respond to a petition for comment. Terms of the woody could change, and location is nary guarantee Discovery Loop will beryllium capable to raise a information of backing astatine that valuation.

Discovery Loop describes itself as "automating find to accelerate subject and engineering for the world."

The institution hopes to tackle immoderate of subject and engineering's hardest problems done the "parallel execution of thousands of experiments."

"Our extremity is to build AI that acts arsenic a genuinely positive, empowering unit for humanity: not conscionable a tool, but a partner successful solving the problems that matter most," Discovery Loop says connected its careers page, where it is hiring conscionable 1 role.

Dean said astatine a talk past period that he and his cofounders "might make decisions that are not successful the company's financial liking but are successful the broader societal good."

A Discovery Loop property merchandise from past period said that the company's first backing information was being led by Radical Ventures and Khosla Ventures, pinch information from Lightspeed, Kleiner Perkins, and Doerr Capital. Alphabet was a founding investor and unreality partner, according to Google CEO Sundar Pichai.

Dean, who was regarded arsenic a fable wrong Google, has gotten astir of the attention. But Discovery Loop's different 3 founders bring decades of acquisition successful their ain right, building immoderate of Google's astir important products.

Sanjay Ghemawat, a longtime collaborator of Dean who joined Google successful 1999, helped create foundational distributed-computing technologies. Quoc Le, a founding personnel of Google Brain, became a salient interrogator successful heavy learning and large-scale neural networks, contributing to advances successful connection models and different instauration models. Oriol Vinyals, meanwhile, was a starring interrogator astatine Google DeepMind whose activity spans series modeling and reinforcement learning.

Dean shared a transportation platform connected X that 1 erstwhile Google merchandise leader called "one of the astir stacked transportation decks ever made."

One descent lists products the founding squad worked on, including Google Search, Ads, Gemini, and Gmail. Another descent focuses connected world credentials, showing Google Scholar rankings placing Dean, Le, and Vinyals among the astir highly cited AI researchers.

"This squad tin redefine really investigation successful engineering and subject is done. If successful, the effect won't beryllium measured successful package features, aliases benchmarks but successful caller subject to amended billions of lives," venture investor Vinod Khosla posted past month, comparing Discovery Loop to his early finance successful OpenAI.

Other caller AI labs, specified arsenic Safe Superintelligence and Thinking Machines Lab, person raised staggering sums astatine eyepopping valuations earlier they had products. It is thing that would person seemed inconceivable successful erstwhile fundraising cycles but reflects investors' condemnation that a mini number of elite method teams could go the adjacent procreation of frontier AI companies.