Formation Bio, a startup focused on applying AI to drug discovery with backing from OpenAI CEO Sam Altman, has raised over a quarter-billion dollars to support its ambitious […]
EvolutionaryScale, backed by Amazon and Nvidia, raises $142M for protein-generating AI
A relatively new startup called EvolutionaryScale has secured a massive tranche of cash to build AI models to generate novel proteins for scientific research. EvolutionaryScale today announced that […]
McDonald’s Drive-Thru AI Removed After 2 Years Of Fails
AI is such big business right now it’s propelled Nvidia, that company that you once knew for making your GeForce graphics cards, to becoming the biggest business in the world. And yet the technology is so far next to useless in all but the most specific circumstances. For example, McDonald’s has just announced it’s…
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Enveda raises $55M to combine ancient remedies with AI for drug discovery
For centuries, people chewed willow tree bark to relieve pain, but scientists at chemical firm Bayer didn’t isolate its active ingredient until the 1800s and eventually patented its […]
Android Engineering VP Dave Burke steps down, as he explores “AI/bio” roles within the company
Long-time Android Engineering VP Dave Burke said today that he is stepping down from the role. Burke, who spent 14 years building Android, is not leaving Alphabet and […]
Foresite Capital raises $900M sixth fund for investing in healthcare and life sciences companies
Venture fundraising has been a slog over the last few years, even for firms with a strong track record. That’s Foresite Capital’s experience. Despite having 47 IPOs, 28 […]
Anterior grabs $20M from NEA to expedite health insurance approvals with AI
Anterior, a company that uses AI to expedite health insurance approval for medical procedures, has raised a $20 million Series A round at a $95 million post-money valuation […]
In 2024, many Y Combinator startups only want tiny seed rounds — but there’s a catch
When Bowery Capital general partner Loren Straub started talking to a startup from the latest Y Combinator accelerator batch a few months ago, she thought it was strange […]
The votes are in: Meet the Disrupt 2024 audience choice roundtable winners
We just announced the breakout session winners last week. Now meet the roundtable sessions that really “rounded” out the competition for this year’s Disrupt 2024 audience choice program. […]
Billionaire Groupon founder Lefkofsky is back with another IPO: AI healthtech Tempus
Eric Lefkofsky knows the public listing rodeo well and is about to enter it for a fourth time. The serial entrepreneur, whose net worth is estimated at nearly […]