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Alphabet-Backed Isomorphic Labs Raises $600 Million for AI Drug Development

The subsidiary of Google parent Alphabet plans to use its first round of external funding to boost its artificial-intelligence drug design pipeline across multiple therapeutic areas.

8 AI Drug Discovery and Manufacturing Stocks to Buy

Goldman Sachs estimates that AI drug discovery and breakthroughs like gene editing will add 0.5% to 2.5% to the U.S. gross domestic product. McKinsey & Co. follows suit, noting AI could generate 30% efficiency gains and cost savings in the pharmaceutical sector and trigger financial gains of up to $110 billion annually.

Doctors told him he was going to die. Then AI saved his life

A little over a year ago, a Renton man was told there was only one thing left to decide. Did he want to die at home, or in the hospital? He's still living.

Google plans to release new 'open' AI models for drug discovery

During a health-focused event in New York on Tuesday, Google announced that it's developing a collection of "open" AI models for drug discovery called

How biotechs are using AI to rescue failed drugs

Another company involved in using AI to repurpose failed drugs - as well as drugs that have already been approved - is BioXcel Therapeutics. Unlike Ignota, however, the company focuses on compounds that have already demonstrated safety in prior clinical trials, but have been discontinued by their developers for various other reasons.

Aldi leans into AI with Digital Wave partnership

Aldi says it will be able to expedite the delivery of customer-focused product information on its website, app, and email. This story was originally published on Supermarketnews. Aldi is partnering with tech company Digital Wave Technology to use an AI tool that is supposed to boost automation on digital channel product descriptions.

Telescope advances self-driving lab technology

Telescope Innovations Corp. (CSE:TELI) is leveraging its expertise to advance chemistry process development and crystallization optimization in pharmaceuticals, industrial chemicals, and critical minerals ・Telescope's Self-Driving Labs (SDLs) integrate AI,

US pharma giant Merck backs healthcare marketplace HD in Southeast Asia

Big Tech and pharmaceutical companies are accelerating the implementation of artificial intelligence in the healthcare industry. Just last month, AWS and General Catalyst announced their partnership to speed up the development and deployment of healthcare AI tools.