Xaira, an AI drug discovery startup, launches with a massive $1B, says it's 'ready' to start developing drugs
by TechCrunch
TechCrunch— Advances in generative AI have taken the tech world by storm. Biotech investors are making a big bet that similar computational methods could revolutionize drug discovery. On Tuesday, ARCH Venture Partners and Foresite Labs, an affiliate of Foresite Capital, announced that they incubated Xaira Therapeutics and funded the AI biotech with $1 billion. Other investors […] © 2024 TechCrunch. All rights reserved. For personal use only.
Reading Eagle—President Joe Biden says he’s ‘happy to debate’ Donald Trump. Trump says he’s ready to go. By AAMER MADHANI (The Associated Press) NEW YORK (AP) — President Joe Biden said Friday that he is willing to debate his presumptive Republican opponent, Donald Trump, later this fall – his most definitive comment yet on the issue. The comment came during an interview with the Sirius XM radio host Howard Stern, who asked […]
Adweek—AI Search Startup Perplexity’s Series B Funding Raises Nearly $63M, Launches Enterprise Pro. Perplexity, a generative AI startup developing a search engine to rival Google, has secured nearly $63 million in Series B funding. This investment has propelled the 55-person startup to double its valuation in three months, now exceeding $1 billion, with total fundraising reaching $165 million. The round was led by investor Daniel Gross with participation from Y Combinator chief executive officer Garry Tan, Figma Inc. CEO Dylan Field and billionaire Stanley Druckenmiller. Previous backers,...
Music Business Worldwide—FKA Twigs voices support for NO FAKES Act in prepared remarks ahead of Senate hearing; says that she’s developed an AI version of herself that can ‘speak many languages’. Artist to give testimony on Tuesday (April 30) in front of a US Senate subcommittee looking into a proposed new bill to regulate AI deepfakes Source