**[Former Google Chief Scientist Starts New Venture, Aiming for $50 Billion Valuation in 5 Weeks]** Beating AI News Flash: Former Google Chief Scientist Jeff Dean, after leaving Google, founded Discovery Loop and is now discussing a new round of funding. According to sources cited by *Business Insider*, the company is seeking a valuation of approximately $50 billion in this round. Just a few weeks ago, it was negotiating $1 billion in funding at a $10 billion valuation. The latest deal has not yet been finalized, and the company has not confirmed the details. Discovery Loop was established in early August. The four co-founders all hail from Google: Jeff Dean, Sanjay Ghemawat, Quoc Le, and Oriol Vinyals. The company aims to use AI to automate the entire process of "proposing experiments, running them, analyzing results, and iterating further," running thousands of experiments in parallel. The first step is to apply this approach to machine learning research itself, with plans to later expand into areas like drug discovery, chip design, and other scientific and engineering challenges. Currently, the company's website primarily focuses on its technical roadmap and recruitment efforts, with no formal product showcased yet. Google's parent company, Alphabet, is both a founding investor and a cloud partner for the company, with additional investments from Radical Ventures, Khosla Ventures, and others. In just over a month since its founding, the company has yet to release a public product, but its valuation target has already jumped from $10 billion to $50 billion. Investors are primarily betting on the strength of this founding team. [Original Article Link]