Month-old Deepmind spinout nears $4bn on ‘future capability’ bet

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Month-old Deepmind spinout nears $4bn on ‘future capability’ bet

A British AI startup founded just last month by three former Google Deepmind researchers is nearing a $4bn (£2.9bn) valuation – despite having no product or website. Emulate is in advanced talks to raise as much as $700m in a seed funding round led by Index Ventures and Lightspeed Venture Partners in a deal that [...]