Recursive AI targets $4B valuation as Richard Socher builds new lab

Bloomberg reports that AI researcher Richard Socher is raising "hundreds of millions" of dollars for a new startup, Recursive, at a prospective valuation of about $4 billion, according to sources on January 23, 2026. GV (Google Ventures) and Greycroft are said to be in talks to lead the round, which has not yet closed.​([bloomberg.com](https://www.bloomberg.com/news/articles/2026-01-23/ai-startup-recursive-in-funding-talks-at-4-billion-valuation))