[UPDATE] Alphabet's Isomorphic Labs reported in talks to raise about $5B at roughly $50B valuation
Bloomberg, citing people familiar with the matter, reported that Isomorphic Labs is in talks to raise about $5B at a valuation of about $50B. The financing has not closed and details could change. The report adds a round size and narrows the valuation from Bloomberg's earlier coverage. This is single-source reporting, with no named investors and no confirmation from the company. Point to watch: any official announcement, and whether the scale of AI drug-discovery funding holds up.