Sources: Jeff Dean is raising funds again for Discovery Loop, seeking a valuation of ~$50B; Discovery Loop was raising $1B at a ~$10B valuation a few weeks ago (Ben Bergman/Business Insider)

Jeff Dean is raising a new round for Discovery Loop, targeting a valuation near $50 billion after the company previously raised $1 billion at a $10 billion valuation. The funding effort follows a recent announcement that Discovery Loop is expanding its AI-driven research platform. The round aims to accelerate the company’s development of large-scale language models and related technologies.