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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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Qventus Latest Healthcare AI Startup To Raise Big

Crunchbase News

Healthcare startups using artificial intelligence have come out of the gate hot in the new year when it comes to fundraising. Qventus platform tries to address operational inefficiencies in both inpatient and outpatient settings using generative AI, machine learning and behavioural science.

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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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Avalo uses machine learning to accelerate the adaptation of crops to climate change

TechCrunch

In an increasingly hot biotech market, protecting IP is key. Part of it is the inherent facility of machine learning algorithms when it comes to pulling signal out of noise, but Collins noted that they needed to come at the problem with a fresh approach, letting the model learn the structures and relationships on its own.

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Healthcare And AI Is A Hot Combination For Startups

Crunchbase News

billion globally went to companies applying advances in artificial intelligence to health-related areas such as medical services and pharmaceutical development, per Crunchbase data. The smash hit of the past year was Tempus AI , an artificial intelligence precision medicine company that went public in June.

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Immunai raises $60M as it expands from improving immune therapies to discovering new ones, too

TechCrunch

Just three years after its founding, biotech startup Immunai has raised $60 million in Series A funding, bringing its total raised to over $80 million. “I hope it doesn’t sound corny, but we don’t have the luxury to move more slowly,” explained Immunai co-founder and CEO Noam Solomon in an interview.

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Cradle’s AI-powered protein programming platform levels up with $24M in new funding

TechCrunch

Biotech and AI startup Cradle is finding success with its generative approach to protein design, landing big customers and a hefty $24 million of new investment. The company exited stealth a little over a year ago, just as the hype around large language models was really heating up.