{"slug": "chai-discovery-triples-to-3-8b-in-7-months-as-openai-backed-drug-designer-lands", "title": "Chai Discovery triples to $3.8B in 7 months as OpenAI-backed drug designer lands $400M after Novartis deal", "summary": "Chai Discovery raised $400 million in a Series C round, tripling its valuation to $3.8 billion in seven months, after securing a deal with Novartis. The OpenAI-backed AI drug discovery company's rapid growth underscores investor confidence in AI-driven pharmaceutical development.", "body_md": "Chai Discovery has raised $400 million in a Series C round that values the AI drug discovery company…", "url": "https://wpnews.pro/news/chai-discovery-triples-to-3-8b-in-7-months-as-openai-backed-drug-designer-lands", "canonical_source": "https://techfundingnews.com/chai-discovery-triples-to-3-8b-in-7-months-as-openai-backed-drug-designer-lands-400m-after-novartis-deal/", "published_at": "2026-07-15 05:00:00+00:00", "updated_at": "2026-07-15 05:19:23.270799+00:00", "lang": "en", "topics": ["artificial-intelligence", "ai-startups", "ai-products"], "entities": ["Chai Discovery", "Novartis", "OpenAI"], "alternates": {"html": "https://wpnews.pro/news/chai-discovery-triples-to-3-8b-in-7-months-as-openai-backed-drug-designer-lands", "markdown": "https://wpnews.pro/news/chai-discovery-triples-to-3-8b-in-7-months-as-openai-backed-drug-designer-lands.md", "text": "https://wpnews.pro/news/chai-discovery-triples-to-3-8b-in-7-months-as-openai-backed-drug-designer-lands.txt", "jsonld": "https://wpnews.pro/news/chai-discovery-triples-to-3-8b-in-7-months-as-openai-backed-drug-designer-lands.jsonld"}}