AI Drug-Discovery Firm Chai Raises $130 Million Series B – bloomberg-technology
AI drug-discovery firm Chai has raised $130 million in Series B funding to accelerate its innovative research using AI to design novel molecules, achieving a breakthrough success rate of 15-20% in lab-tested molecules with its latest model, Chai 2. This funding will enhance computational resources, expand the team, and develop advanced software tools, aiming to […]
AI Drug-Discovery Firm Chai Raises $130 Million Series B
AI Drug-Discovery Firm Chai Raises $130 Million Series B Source link
Tesla Board Members Earn $3 Billion, Compensation Raises Concerns
Tesla’s board members have received a staggering total of $3 billion through stock awards, significantly surpassing compensation packages typical in the technology sector. According to a report by Reuters published on December 15, 2023, this compensation structure raises questions about the appropriateness of such remuneration in comparison to the industry standard. The analysis, conducted by […]
Medra Raises $52 Million to Speed Drug Discovery With AI Robots – bloomberg-technology
Medra has raised $52 million to advance its innovative integration of AI and robotic automation, creating “physical AI scientists” that enable flexible, natural language-driven automation of scientific experiments to accelerate drug discovery. Collaborating with biopharma leaders like Genentech, Medra plans to expand its team and build an autonomous lab with 100 robots to scale experimentation […]
Medra Raises $52 Million to Speed Drug Discovery With AI Robots
Medra Raises $52 Million to Speed Drug Discovery With AI Robots Source link
Evercore Raises Apple Price Target to $325, Driven by AI Expectations
Investment firm Evercore has increased its price target for Apple to $325, reflecting heightened expectations surrounding the anticipated overhaul of the voice assistant, Siri. This revision marks a significant adjustment, with the new target representing a notable increase from the previous target of $300. The latest adjustment follows a series of upward revisions by Evercore […]