[Google DeepMind Spin-Off Startup Valued at Nearly $4 Billion Within One Month of Founding] Odaily Planet Daily reports that Emulate, a UK-based AI startup founded by former DeepMind researchers and established just one month ago, is launching a new funding round worth several hundred million dollars with a post-money valuation approaching $4 billion. According to insiders, the company is in advanced negotiations with potential investors and plans to raise up to $700 million, which would bring its valuation to $3.7 billion upon completion of the funding round. Sources indicate that this massive funding round will be co-led by the renowned UK venture capital firm Index Ventures and Silicon Valley's Lightspeed Venture Partners. (Financial Times)