Jeff Dean's New AI Startup Seeks $10B Valuation With Big Backers

Former Google AI chief Jeff Dean is in talks to raise about $1B at a roughly $10B valuation for Discovery Loop, a startup that aims to automate machine learning and scientific discovery through parallel experimentation; the round is led by Radical Ventures and Khosla Ventures with participation from Lightspeed, Kleiner Perkins, and Doerr Capital, with Alphabet as a founding investor and a team of veteran Google researchers guiding the effort.