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Startups & Venture·October 8, 2026·1 min read

Alphabet’s Isomorphic Labs in Funding Talks for at Least $40 Billion Value

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A $40B valuation for an AI-native drug discovery shop makes clear that pharma plus models is being priced as its own category, not just a tool vendor. Biotech and pharma operators should assume that access to proprietary model pipelines and data-sharing partnerships becomes a strategic weapon, not a back-office efficiency play.