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AI drug design startup Chai Discovery raised $400M led by Index at a $3.8B valuation, as it pitches its models as AI infrastructure for pharmaceutical companies (Michael J. de la Merced/New York Times) from Techmeme RSS feed.
AI drug design startup Chai Discovery raised $400M led by Index at a $3.8B valuation, as it pitches its models as AI infrastructure for pharmaceutical companies (Michael J. de la Merced/New York Times)
Michael J. de la Merced / New York Times:
AI drug design startup Chai Discovery raised $400M led by Index at a $3.8B valuation, as it pitches its models as AI infrastructure for pharmaceutical companies — The fund-raising values the company at $3.8 billion and underscores investor interest in using artificial intelligence to tackle problems like drug discovery.