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South Korean AI chip design firm DeepX partners with Baidu on industrial AI projects, as sources say it is preparing to raise a round above its $79M Series C (Yoolim Lee/Bloomberg)

Yoolim Lee / Bloomberg : South Korean AI chip design firm DeepX partners with Baidu on industrial AI projects, as sources say it is prepa...

9 August 2025

Sources: Periodic Labs, which is building AI for material science, is raising $200M led by a16z, valuing the company at $1B before the investment (Kate Clark/Bloomberg)

Kate Clark / Bloomberg:
Sources: Periodic Labs, which is building AI for material science, is raising $200M led by a16z, valuing the company at $1B before the investment  —  Venture firm Andreessen Horowitz has agreed to lead a $200 million investment in Periodic Labs, a new startup building artificial intelligence …

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