The Next Web (1 hour ago)
Isomorphic Labs, the drug discovery company spun out of Google DeepMind, is in talks to raise about $5bn, Bloomberg reported on Wednesday. The round would put the Isomorphic Labs valuation at about $50bn, according to people familiar with the matter.
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Zipline raised $1.5 billion and ramped up its partnership with Walmart.
The deal is expected to support the development of DBX Agent Cloud, a new storage platform aimed at developers building AI models and agents.
Dropbox has announced plans to acquire Tigris Data for $350 million in a transaction the company told Crunchbase News would mark its largest acquisition since its founding in 2007.
Potential Sciences, a startup backed by the UK government, is betting that training AI models on computer-generated biochemical data can speed up the plodding process of developing new drugs.
Discovered Materials, a months-old YC startup that uses AI to find chip materials, is offering $200,000 for each solution to five open materials science problems.
Numica, a New York start-up that buys small accounting firms from owners close to retirement, has raised $21M to buy more of them. The capital, a mix of equity and debt, comes from Roosh X and Flashpoint Capital, the company said.
UiPath founder and CEO Daniel Dines would rather give a task to an AI agent than to a person, as long as the agent does it as well as a human. He would choose the agent even when it costs more, he told TNW.
Uber Eats is now Amazon’s restaurant delivery partner for Prime members in the US, replacing Grubhub. The two companies announced the deal on Thursday. Prime members can now order Uber Eats on Amazon, on the website or in the Amazon Shopping app, without an Uber account.
AI has given us self-driving cars, movies made from prompts, proactive agents and, soon, humanoids. Yet booking the same Uber we take every morning still means unlocking a phone, opening an app, entering a destination and confirming.
Anthropic compute costs grew faster than its revenue last quarter. Compute took 58% of revenue in the third quarter, up from 48%. TechCrunch’s Russell Brandom found the figures in Anthropic’s amended IPO filing. Revenue rose to $17bn, from $11.6bn the quarter before, as we reported on Monday.
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