AdvertisementAdvertisementBusiness12 Sep 2026 07:23AM (Updated: 12 Sep 2026 07:28AM) Bookmark Bookmark WhatsApp Telegram Facebook Twitter Email LinkedInAdd CNA as a trusted source to help Google better understand and surface our content in search results.Read a summary of this article on FAST.Get bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST Sept 11 : AI startup Discovery Loop is seeking to raise funds again at a valuation of $50 billion, the Business Insider reported on Friday, citing people familiar with the matter.Here are some more details:• Terms of the deal could change, and there is no guarantee Discovery Loop will be able to raise funds at that valuation, the report added.• Discovery Loop did not immediately respond to Reuters request for comment.Show MoreShow Less• The news website had said last month that Discovery Loop was in discussions for $1 billion in financing at a valuation of around $10 billion.• The California-based AI startup was launched this year by some of Google's most famous and lauded AI and engineering leaders, including veteran engineer Jeff Dean.• The company focuses on researching breakthroughs in machine learning, science and engineering, and is structured as a public benefit corporation.Source: ReutersNewsletterWeek in ReviewSubscribe to our Chief Editor’s Week in ReviewOur chief editor shares analysis and picks of the week's biggest news every Saturday.Sign up for our newslettersGet our pick of top stories and thought-provoking articles in your inboxSubscribe hereGet the CNA appStay updated with notifications for breaking news and our best storiesDownload hereGet WhatsApp alertsJoin our channel for the top reads for the day on your preferred chat appJoin hereAlso worth readingContent is loading...Expand to read the full storyGet bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST