Brand tracking startup Tracksuit has acquired Hall, a Sydney-based startup that measures how brands appear in AI assistant responses, adding AI-monitoring capability to its existing business of survey…
Chai Discovery Inc. has raised $400 million in Series C funding, nearly tripling its valuation to $3.8 billion, as the AI drug discovery company signs licensing agreements with Pfizer Inc., Eli Lilly …
Chai Discovery raised $400 million in a Series C round led by Index Ventures, tripling its valuation to $3.8 billion in seven months as the AI drug discovery startup's generative models are deployed a…
OpenAI researcher Miles Wang is in advanced talks to launch an AI drug discovery startup at a $2 billion valuation, with Lightspeed Venture Partners reportedly leading a $200 million round, according …
Chai Discovery has raised $400 million in a Series C round at a $3.8 billion valuation, tripling its valuation in seven months. The OpenAI-backed drug discovery startup, founded in 2024, builds AI mod…
OpenAI-backed Chai Discovery closed a $400 million funding round at a $3.8 billion valuation on July 14, tripling its price tag in seven months. The Index Ventures-led round positions the company as A…
Anduril founder Palmer Luckey warned that US universities are falling behind China's by failing to teach engineers how to build, handing China a lead in technical talent. He argued that American schoo…
Eli Lilly invested $40 million in Absci, a generative AI drug company, to develop ABS-201, an injectable antibody for baldness and endometriosis. The deal, part of a $100 million stock offering, aims …
Nasdaq CFO Sarah Youngwood says leaders must personally learn AI, not just delegate it to their teams, as the company integrates AI across its market infrastructure and finance operations. Nasdaq retu…
The UK Competition Appeal Tribunal was wrong to set aside the competition watchdog's decision against Pfizer for excessive pricing of an anti-epilepsy drug, the Court of Appeal ruled. The regulator fo…
The US Treasury is assessing whether to expand outbound investment screening to include biotechnology deals with Chinese firms, following bipartisan pressure from lawmakers. Representatives John Moole…
US stock markets rose on Thursday, with Intel surging 7.2% after President Donald Trump announced a chip manufacturing deal with Apple. The Dow Jones gained 0.4%, S&P 500 added 1%, and Nasdaq climbed …
Eli Lilly reported positive interim Phase 1b data for its in vivo PCSK9 base editor VERVE-102, showing single-dose LDL-C reductions of up to 62% sustained for 18 months in patients with heterozygous f…