AI startup Periodic Labs raises $200 million in funding, valued at $1 billion.

[Coin World] On August 9, it was reported that Periodic Labs, founded by former OpenAI research vice president Liam Fedus and former DeepMind research scientist Ekin Dogus Cubuk, has completed a $200 million financing round, with a post-money valuation of $1 billion. The company focuses on using artificial intelligence technology for new material research and discovery. This round of financing was led by Andreessen Horowitz, and OpenAI is also expected to participate.

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CryptoSourGrapevip
· 4h ago
Wuwu, if I had known I would study physics back then...
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WalletAnxietyPatientvip
· 08-09 02:50
Just another money-scam project.
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DaoTherapyvip
· 08-09 02:49
The materials are all a scam.
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ValidatorVibesvip
· 08-09 02:47
idk but a16z keeps centralizing ai power tbh...
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PositionPhobiavip
· 08-09 02:45
Good project, I don't know what it can do.
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FlashLoanLordvip
· 08-09 02:44
In this kind of luxury integration, whoever follows venture capital will make money.
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