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Stability AI backs effort to bring machine learning to biomed

TechCrunch

Stability AI , the venture-backed startup behind the text-to-image AI system Stable Diffusion, is funding a wide-ranging effort to apply AI to the frontiers of biotech. Called OpenBioML , the endeavor’s first projects will focus on machine learning-based approaches to DNA sequencing, protein folding and computational biochemistry.

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The 10 Biggest Rounds Of February: Saronic And NinjaOne Lead Big Month

Crunchbase News

Lambda , $480M, artificial intelligence: Lambda, which offers cloud computing services and hardware for training artificial intelligence software, raised a $480 million Series D co-led by Andra Capital and SGW. Founded in 2013, NinjaOne has raised nearly $762 million, per Crunchbase. billion valuation.

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AI, Data Center And Energy Startups Get Large Capital Infusion In October

Crunchbase News

The surge was driven by large funds leading supergiant rounds in capital-intensive businesses in areas such as artificial intelligence, data centers and energy. The second-largest sector, healthcare and biotech, raised around $5.6 OpenAI raised the largest round last month, a $6.6

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Cellino is using AI and machine learning to scale production of stem cell therapies

TechCrunch

technology, machine learning, hardware, software — and yes, lasers! Founded by a team whose backgrounds include physics, stem cell biology, and machine learning, Cellino operates in the regenerative medicine industry. — could eventually democratize access to cell therapies.

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The Week’s Biggest Funding Rounds: Fleetio And Mercury Nab Massive Rounds

Crunchbase News

Nexthop AI , $110M, artificial intelligence: Artificial intelligence infrastructure provider Nexthop AI raised a massive $110 million round led by Lightspeed Venture Partners. Founded in 2012, the company has raised nearly $241 million, per Crunchbase.

Biotech 103
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Ultima Genomics claims $100 full genome sequencing after stealth $600M raise

TechCrunch

The appetite for genomic data continues to rise in the field of biotech and pharmaceutical research, but cost is still a factor — even sequencing a full genome now costs as little as $1,000. The third advance involves machine learning to accelerate the process of turning optical data (the CD-style scanning signal) into usable data.

Biotech 315
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Machine learning is set to speed up the detection of contamination in food factories

TechCrunch

Ensuring that usually entails deploying petri-dish-based microbiological monitoring, hardware and waiting for tests to return from labs. The factories that process our food and beverages (newsflash: no, it doesn’t come straight from a farm) have to be kept very clean, or we’d all get very ill, to be blunt. All rights reserved.