OpenAI-Linked Biotech Startup Lands $130M to Reinvent Drug Design
Biotech startup Chai Discovery raised $130 million in a Series B round at a $1.3 billion valuation to advance AI-driven drug discovery.
Access a continuous stream of concise, high-impact reporting on artificial intelligence across global markets and industries. This section aggregates short-form coverage of corporate announcements, funding activity, product launches, regulatory actions, executive moves, and strategic partnerships, delivering essential developments with speed and clarity. Designed for efficient consumption, it prioritizes material updates and market-moving information while complementing longer-form analysis and in-depth industry coverage.
Biotech startup Chai Discovery raised $130 million in a Series B round at a $1.3 billion valuation to advance AI-driven drug discovery.
The Trump administration launched the U.S. Tech Force, a 1,000-person engineering corps to support AI and other tech projects across federal agencies.
Thrive Capital appointed former Palantir executive Jim Siders as CEO of Shield Technology Partners, its AI-focused IT services platform.
OpenAI enhances AI cybersecurity capabilities with safeguards, trusted access programs, and collaborations to empower defenders and mitigate misuse risks.
TIME Magazine selected the CEOs driving the global AI race as its 2025 Person of the Year, highlighting their impact on technology, policy, and geopolitics.
Harness secures $240M to scale its AI DevOps agents, knowledge-graph automation, and global engineering teams as rising AI code volume intensifies demand for after-code testing, security, and deployment automation.
Surf has raised $15M led by Pantera to develop Surf 2.0, expand its enterprise AI crypto research tools, and scale its specialized multi-agent analysis platform used by major exchanges.
OpenAI has named former Slack CEO Denise Dresser as chief revenue officer to drive enterprise revenue growth and expand its business customer base.
Bill Gates warns that high AI valuations may not hold as competition intensifies, even as he calls artificial intelligence a transformative and long-term global technology.
Empromptu raised $2M to let nontechnical business users create production-ready AI apps, combining agentic automation with governance and integration for regulated and complex industries.
Riyadh Air, in collaboration with IBM, has launched as the world’s first AI-native airline, using AI-powered operations to transform employee and guest experiences while optimizing operational efficiency.
IBM acquires Confluent in $11 B deal, combining real-time data streaming and AI infrastructure to support the next generation of cloud and enterprise applications.