AI startup Mirendil in talks for funding at $5 billion valuation

Mirendil, an AI startup founded by former Anthropic researchers, is reportedly in talks to raise up to $1 billion in a new funding round, targeting a $5 billion post-money valuation. Kleiner Perkins is in discussions to lead the round, with participation from Andreessen Horowitz. The company, which focuses on self-improving AI models, previously raised $200 million at a $1 billion valuation three months ago.