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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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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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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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Biotech Boom: Executive Search Strategies in Life Sciences

N2Growth Blog

Understanding the Unique Challenges in Recruiting for Biotech and Life Sciences The recruitment process in the biotech and life sciences industry comes with its own set of unique challenges. One of the primary obstacles is the need for more highly skilled and qualified talent.

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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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MGX’s AI Role In The US Grows

Crunchbase News

It was reported MGX a $100 billion artificial intelligence-focused investment vehicle founded by sovereign wealth fund Mubadala and Abu Dhabi-based AI company G42 plans to contribute about $7 billion to the new Stargate Project. However, that is nothing new for the firm when it comes to large AI investments in the U.S.

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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.