Industry News

Xaira, an AI drug discovery startup, launches with a massive $1B, says it’s ‘ready’ to start developing drugs

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 […]

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Lest We Forget

We remember their service. We honour their sacrifice. We pledge to never forget.

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Here's the Pilbara Minerals dividend forecast through to 2028

Let's see what analysts are predicting for this lithium giant's dividends.

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3 highly rated ASX gold ETFs to consider buying now

You don't have to own bullion to invest in gold...

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Where to invest $8,000 on the ASX in April 2024

A leading broker thinks these shares would be quality options this month.

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Moderna Employees Should Use ChatGPT at Least 20 Times a Day, CEO Says

Stéphane Bancel said the pharma company's partnership with OpenAI will help transform its business

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Seed-stage firm Eniac Ventures raises $220M across two funds

Eniac has raised $60 million for Select 1, the firm’s vehicle for follow-on later-stage investments, and $160 million for Eniac VI.

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Stainless is helping OpenAI, Anthropic and others build SDKs for their APIs

Stainless, a startup building a platform to generate SDKs from APIs, has raised a seed round of funding from Sequoia.

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The TikTok ban clears key hurdle while Perplexity AI continues to shake up search

Well, if you are a big TikTok fan and live in the United States, I have some bad news for you: A bill that would force a sale of TikTok or ban it in the United States passed the Senate. And the president is expected to sign it. Given that China has made noise that […]

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Parloa, a conversational AI platform for customer service, raises $66M

Conversational AI platform Parloa has nabbed $66 million in a Series B round, a year after it raised $21 million from a swathe of European investors to propel its international growth. The German company is focusing on the U.S. in particular, and last year opened an office in New York, too. It says this hub […]

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