Former Google DeepMind researchers founded an AI startup and secured a record-breaking $1.1 billion in seed funding.

A former core researcher at Google's AI division DeepMind announced on Monday that Ineffable Intelligence, a startup founded just a few months ago, has completed a seed round of financing worth up to $1.1 billion. This company focuses on the research and development of superintelligence. The company stated that this round of financing is the largest seed round in European history, and the post - investment valuation has reached $51 billion. This round of financing was co - led by HSG and Lightspeed Venture Partners, with follow - on investments from multiple institutions such as NVIDIA, DST Global, Index Ventures, Google, and the UK's National AI Sovereign Fund. (Sina Finance)