According to CoinMeta, as reported by TechCrunch, AI startup mirendil has reached a multi-year cooperation agreement with Google Cloud to obtain over $100 million in computing power support for the development of its self-improving AI. The co-founder and CEO Benham Neyshabur of mirendil stated that the value of this agreement is roughly equivalent to half of the company's $1 billion valuation from its seed financing round at the end of June. mirendil will utilize the computing power provided by Google Cloud and the managed AI training clusters to develop a recursive self-improving AI system that can continuously optimize its own capabilities.