Ex-OpenAI Exec Pursues $750M Valuation for AI-Science Startup

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Source: Business Insider
Ex-OpenAI Exec Pursues $750M Valuation for AI-Science Startup
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TL;DR Summary

Former OpenAI chief product officer Kevin Weil is seeking at least a $750 million valuation for a new AI-science startup and aims to raise about $150 million, people familiar with the talks say. Weil, who led OpenAI’s Prism project, is pitching a venture to assemble scientific data to improve AI models and accelerate discovery, part of a broader wave of AI leaders from OpenAI and Google pursuing science-focused startups.

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