Periodic Labs Eyes $7B Valuation in Massive AI Science Bet
AI science startup founded by ex-OpenAI and DeepMind heavyweights is gunning for hundreds of millions in new funding.
Periodic Labs, the AI-for-science startup barely a year old, is looking to raise hundreds of millions of dollars at a roughly $7 billion valuation. That's a staggering number for a company still in its early days.
The startup was co-founded by Liam Fedus, a former VP at OpenAI, and Ekin Cubuk, who came from Google DeepMind. Both bring serious AI research credentials to the table.
Periodic Labs is focused on applying artificial intelligence to scientific research — a space that's attracting enormous investor appetite as AI capabilities expand beyond chatbots and into harder, more technical domains.
If the round closes at those terms, it would rank among the largest early-stage raises in the current AI boom. The deal underscores just how aggressively capital is chasing teams with top-tier AI pedigree and ambitious scientific goals.