Market Chatter: Alphabet's Isomorphic Labs in Talks to Raise $5 Billion

07:12 PM EST, 11/04/2026 (MT Newswires) -- Alphabet's (GOOG) Isomorphic Labs is in talks to raise about $5 billion in new funding at a valuation of approximately $50 billion to expand its artificial intelligence-driven drug discovery efforts, Bloomberg reported Wednesday, citing people familiar with the matter. The London-based company, which spun out of Google DeepMind in 2021, is developing AI technology to accelerate drug discovery. The funding round has not closed and terms could change, the report said. Alphabet did not immediately respond to MT Newswires' request for comment. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)