Ex-DeepMind Startup Emulate Eyes $700M Raise at $3.7B — SkimNews
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- Emulate, a UK AI startup founded one month ago, is in advanced talks to raise as much as $700M at a $3.7B valuation, according to sources cited by the Financial Times.
- Emulate was founded by researchers who left Google DeepMind's London lab, with the FT reporting the founders are close to securing the $700M round.
Why it matters: A $3.7B valuation for a one-month-old company places the round's worth almost entirely on the founders' DeepMind pedigree rather than any other visible factor, signaling how aggressively investors are pricing elite AI research talent in 2026.
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