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6 investors discuss why AI is more than just a buzzword in biotech

TechCrunch

As ChatGPT has so aptly demonstrated, AI is now truly entering the mainstream consciousness. That’s why we weren’t very surprised when a slew of investors told us they rarely see a biotech startup that doesn’t incorporate AI in some form or other these days. Digital is one tool; the other major tool is the living organism,” he said.

Biotech 242
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Will enterprises soon keep their best gen AI use cases under wraps?

CIO

They had ChatGPT write the script, and other gen AI tools to create a digital person who reads the script, a scalable process with at least one measurable benefit: speed. Normally, a CCO develops ideas about what the market needs and communicates them to a design team, which produces sketches to then be reviewed by the CCO.

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The 10 Biggest Rounds Of May: xAI And CoreWeave Lead Big Month For AI

Crunchbase News

Musk’s company was announced just last July and released its ChatGPT competitor, Grok, last November. Uniquity Bio , $300M, biotech: While AI dominated, biotech also saw some big rounds in May. The new startup is a clinical-stage drug development company focused on immunology and inflammation.

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The Week’s 10 Biggest Funding Rounds: xAI Laps Field In Another Slow Week

Crunchbase News

The company was announced just last July and released its ChatGPT competitor, Grok, last November, and introduced its latest AI model, called Grok-1.5, The San Jose, California-based startup has developed a solid-state active cooling chip — AirJet — that allows users to leverage AI even on the edge of networks or on edge devices.

Biotech 99
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Daily Crunch: Citing ‘unscrupulous actors’ and market trends, Coinbase CEO lays off 950 workers 

TechCrunch

Chatting, but with a bot : Everyone’s ChatGPTing. Dubious ChatGPT apps are flooding the Apple App Store and Google Play Store. German-based biotech company BioNTech — one of the big manufacturers of COVID-19 vaccines, among other things — is set to acquire InstaDeep , a Tunis-born and U.K. Know how we know? Ivan has more.

Trends 219
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The Week’s 10 Biggest Funding Rounds: X-Energy And Seismic Therapeutics Lead Surprisingly Big Week

Crunchbase News

Rockville, Maryland-based X-energy, a developer of advanced small modular nuclear reactors and fuel technology for clean energy, completed its Series C financing that totaled $235 million. was announced in July — funded by Musk himself — and released an early version of its ChatGPT competitor, Grok, last month. billion valuation.

Energy 64
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The ‘Great Retraining’: IT upskills for the future

CIO

AI has been a huge topic in the technology world with ChatGPT, and I had some exposure through the IVA team so I was really interested in pursuing the AI apprenticeship,” Chavarin says. From an individual’s perspective, it keeps careers interesting and helps people grow with the organization.