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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.

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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 120
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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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Will enterprises soon keep their best gen AI use cases under wraps?

CIO

They had ChatGPT write the script, and other gen AI tools to create a digital person who reads the script, a scalable process with at least one measurable benefit: speed. The victors may not be the greatest innovators, but they’ll be the best at protecting their innovations.

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Tech’s latest controversy? The return of the five-day, in-person work week

TechCrunch

Artificial intelligence is having (another) moment — which means scrappy innovation is getting some deserved, if not buzzy, attention. Sam Altman, the CEO of OpenAI, helped built ChatGPT (which has been in charge of all those fun prompts and answers that you’ve been seeing all over Tech Twitter). Seen on TechCrunch.

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Most-Active US Investors In November: a16z, General Catalyst And Sequoia Lead Quiet Month

Crunchbase News

However, it still took part in some interesting rounds, co-leading a $4 million seed for San Francisco-based Anthrogen , a biotech research firm using bacteria and enzymes to reduce carbon by transforming it into chemicals. New York-based BoxGroup focuses on early-stage investments, so its deals are mainly seed and Series A.

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The Week’s 10 Biggest Funding Rounds: X-Energy And Seismic Therapeutics Lead Surprisingly Big Week

Crunchbase News

was announced in July — funded by Musk himself — and released an early version of its ChatGPT competitor, Grok, last month. Seismic Therapeutic , $121M, biotech: Cambridge, Massachusetts-based Seismic Therapeutic led the way for biotechs this week — although it is far from the only biotech on this list.

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