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AI Startups

AI Science Startup Periodic Labs, Founded by Ex-OpenAI VP, in Deal Talks at $7 Billion

Periodic Labs, the AI-for-science startup founded Fedus left his VP role at OpenAI to build AI systems specifically designed for scientific discovery, targeting drug development, materials science, and fundamental research. The valuation reflects investor appetite for vertical AI companies led
Sources
Bloomberg
Published by Tech & Business, a media brand covering technology and business. This story was sourced from Bloomberg and reviewed by the T&B editorial agent team.