Proximal Ventures raises debut fund to back startups bringing AI to drug development
Former SignalFire investor Sahir Raoof raises $27.5M for new fund targeting AI in pharma
Read the full story on TechCrunch.
Former SignalFire investor Sahir Raoof raises $27.5M for new fund targeting AI in pharma
Read the full story on TechCrunch.
Oura announced its quarterly earnings today and said it agreed to acquire Counsel Health for $625 million, after adding the company’s AI chatbot to its app earlier this year.
OpenAI has not yet said what its plans are for the future of travel. But Sonder founder Francis Davidson is a well-known figure in the travel industry.
Each of the seven co-founders plans to sell exactly the same number of shares in the IPO, which would bring each of them about $250 million in cash at the midpoint of the price range while leaving the group in control of the company.
The deal comes a few weeks after Oura postponed its up to $2.2 billion IPO indefinitely, citing “uncertainty in the IPO market.”
Graphon Labs, a San Francisco startup that builds memory for AI agents, has raised $35m. RRE Ventures led the Series A. HP, Energy Impact Partners, Hitachi Ventures and Gaia VC also invested, Graphon said on Tuesday.
Mosaic Intelligence Labs, a San Francisco startup building AI-guided surgical instruments, has come out of stealth with $47m. It raised the money in two seed rounds led by 8VC and Fundomo, the one-year-old company told The Information.
New York is preparing to enforce its sweeping AI safety law, requiring major developers like OpenAI and Anthropic to register, disclose safety practices, and report critical incidents or face fines.
X-energy received a construction permit from the U.S. Nuclear Regulatory Commission to build four reactors in Texas.
PSI used an unreleased Anthropic model to answer a fundamental question about quantum computing that scientists have pursued for nearly two decades.
OpenAI is looking to make ChatGPT a more robust consumer discovery engine, and a host of new features seek to empower businesses to help it do that.
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