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Profet AI helps manufacturers build prediction models and industrial AI software

TechCrunch

Profet AI , a Taiwanese startup that makes auto machine learning software for manufacturers, announced today it has raised $5.6 Profet AI’s software lets users build prediction models and industrial AI apps for production and digitalization, even if they only have basic knowledge of machine learning.

Industry 248
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IT leaders explore footing amid shifting needs and the AI power struggle

CIO

During COVID-19 lockdowns, for example, specialty chemicals manufacturer Albemarle developed a VPA to provide self-service assistance to over 7,000 employees at home, including a natural language interface with a chat bot, and enough AI to help people interface seamlessly with several business applications at a time.

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How the new AI executive order stacks up: B-

CIO

This section of the executive order also includes vagaries such as “The Departments of Energy and Homeland Security will also address AI systems’ threats to critical infrastructure, as well as chemical, biological, radiological, nuclear, and cybersecurity risks.”

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Engine Biosciences expands its digital drug discovery pipeline with $43M round

TechCrunch

“We already have chemical compounds directed toward the novel biology we have uncovered,” said Lu. “We have small molecule compounds for our lead cancer programs with data from in vitro (in cancer cells) experiments. We are refining the chemistry and expanding studies this year,” said Lu.

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From improving cancer treatments to saving the bees, these are the companies in IndieBio’s latest class

TechCrunch

As the early-stage, biology-focused accelerator arm of SOSV, IndieBio gives the companies in its program $250,000+, mentorship and full access to a biology lab to bring their ideas to life. The SF program is led by Managing Director Po Bronson, while the New York program is led by Managing Director Stephen Chambers.

Company 260
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With new funding, Atomic AI envisions RNA as the next frontier in drug discovery

TechCrunch

The biology is different, and the way the models work is different, but the idea is the same: a machine learning model trained on a limited set of a type of molecule that can make accurate predictions about the structure of other molecules of that type. Atomic has opted for the latter, and is pursuing its own drug discovery program.

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How Hybrid and Cloud-Based Architectures are Unlocking the Power of Data

Cloudera

Few companies are more recognizable than ExxonMobil, one of the world’s largest publicly traded energy providers and chemical manufacturers that develops and applies next-generation technologies to help safely meet growing needs for energy and high-quality chemical products.