AIBloomberg1h ago
DeepMind's drug lab just raised a monster round
Sources: Google DeepMind spinout Isomorphic Labs is in talks to raise ~$5B at a ~$50B valuation; the AI drug discovery startup last raised $2.1B in May
TL;DRAI drug discovery startup Isomorphic Labs seeks $5B funding at $50B valuation.
Why it matters: Shows massive investor confidence in AI for pharma; could accelerate drug development timelines.
Alphabet Inc.'s Isomorphic Labs is in talks to raise roughly $5 billion in new funds to support its efforts to use artificial intelligence …
Read full articleSource: Bloomberg · Opens in new tab