AI startup founded by former DeepMind researchers reportedly plans to raise $700 million, with valuation potentially reaching $3 billion
2 day ago / Read about 0 minute
Author:小编   

On September 17, it was reported that Emulate, a UK-based AI startup founded just a month ago by Jack Parker-Holder, Matthew McGill, and Philip Ball—former members of Google DeepMind's World Models team—is engaged in advanced funding negotiations, aiming to raise up to $700 million at a post-money valuation of $3.7 billion (approximately $3 billion pre-money). This funding round is co-led by UK-based Index Ventures and US-based Lightspeed Venture Partners. Emulate focuses on developing AI systems that simulate and predict the functioning of the physical world.