DeepMind offshoot nears $4bn valuation just a month after founding

A newly spun-out company from Google DeepMind is in talks to raise funding at a valuation close to $4 billion, just one month after it was founded. The post doesn't spell out what the company builds, its team size, or who the investors are. With only the headline to go on, I'd discount the excitement for now—this pace usually means pre-packed customer contracts or a star team, but without product details it's too early to call.