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6 investors discuss why AI is more than just a buzzword in biotech

TechCrunch

As ChatGPT has so aptly demonstrated, AI is now truly entering the mainstream consciousness. That’s why we weren’t very surprised when a slew of investors told us they rarely see a biotech startup that doesn’t incorporate AI in some form or other these days. Digital is one tool; the other major tool is the living organism,” he said.

Biotech 242
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The 10 Biggest Rounds Of October: OpenAI’s Massive Deal Dwarfs All Others

Crunchbase News

The new round makes the ChatGPT creator one of the most valuable private companies in the world and also included investment from the likes of Altimeter Capital , Fidelity , Khosla Ventures , Microsoft , Nvidia , SoftBank and Abu Dhabi-based MGX. Seaport Therapeutics , $225M, biotech: Seaport Therapeutics isn’t new to this list.

Biotech 121
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The 10 Biggest Rounds Of January: Infinite Reality Tops Busy Month

Crunchbase News

Venture money wasnt concentrated in just one sector, as VCs invested in everything from artificial intelligence to biotech to energy. tied) Anthropic , $1B, artificial intelligence: Anthropic, a ChatGPT rival with its AI assistant Claude, is reportedly taking in a fresh $1 billion investment from previous investor Google.

Biotech 121
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The Week’s Biggest Funding Rounds: xAI And Anthropic Headline Big Week For AI (Again)

Crunchbase News

Anthropic , $4B, artificial intelligence: Amazon has agreed to invest another $4 billion in AI startup Anthropic — a ChatGPT rival with its AI assistant Claude. Enveda Biosciences , $130M, biotech: It was just in June that Enveda Biosciences first landed on this list, after raising a $55 million round that included Microsoft as an investor.

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The 10 Biggest Rounds Of November: xAI And Anthropic Raise Billions Again

Crunchbase News

Anthropic , $4B, artificial intelligence: Amazon has agreed to invest another $4 billion in AI startup Anthropic, another ChatGPT rival with its AI assistant Claude. Last fall, Amazon agreed to invest up to $4 billion in Anthropic — giving the Seattle-based e-commerce and cloud titan a minority stake in the company. billion in 2021.

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Daily Crunch: Citing ‘unscrupulous actors’ and market trends, Coinbase CEO lays off 950 workers 

TechCrunch

Chatting, but with a bot : Everyone’s ChatGPTing. Dubious ChatGPT apps are flooding the Apple App Store and Google Play Store. German-based biotech company BioNTech — one of the big manufacturers of COVID-19 vaccines, among other things — is set to acquire InstaDeep , a Tunis-born and U.K. Know how we know? Ivan has more.

Trends 219
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I’ve never seen so many crap startups

TechCrunch

Clean tech – Tied in with the biotech trend, we’re seeing a continued surge in input/output companies that process waste to produce byproducts like energy and potable water. The robotics, AI and biotech sectors all play a part here. It’s a big new data rush. We’re seeing other wildly interesting trends too.

Biotech 221