AI Startup Emulate Founded by Former DeepMind Researchers Nears $4 Billion Valuation
Emulate, a UK-based AI startup founded by former DeepMind researchers just one month ago, is reportedly raising several hundred million dollars at a post-money valuation approaching $4 billion. According to the Financial Times, the company is in advanced talks to secure up to $700 million in funding, which would bring its valuation to $3.7 billion. The round is expected to be co-led by Index Ventures and Lightspeed Venture Partners.
Summaries are written by AI from the original article. Not investment advice.