Sequoia and Nvidia Back Ex-DeepMind Researcher’s New AI Startup at $5.1 Billion Value

Former Google DeepMind researcher David Silver has raised $1.1 billion for his new company, Ineffable Intelligence, in the latest example of an artificial intelligence startup securing enormous funds out of the gate.

Venture firms Sequoia Capital and Lightspeed Venture Partners led the seed financing round that gives the London-based company a $5.1 billion valuation. Nvidia Corp., Alphabet Inc.’s Google and Index Ventures also participated alongside several other investors, including the British government.