Startup

Robot AI Startup Physical Intelligence Raises $400 Million from Bezos, OpenAI, and More

In a groundbreaking move that could shape the future of robotics, Physical Intelligence, a cutting-edge startup focused on developing foundational software for robots, has secured a massive $400 million in early-stage funding. The round was led by some of the biggest names in technology and venture capital, including Amazon’s Jeff Bezos, OpenAI, and top venture firms Thrive Capital and Lux…
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BusinessNewsStartup

OpenAI and Thrive Capital Invest $30M in AI Drug Discovery Startup Chai Discovery

Chai Discovery, a nascent AI-driven biology startup, has secured nearly $30 million in funding from prominent investors Thrive Capital and OpenAI. Founded just six months ago, Chai aims to revolutionize drug discovery by utilizing AI to predict the structure of biochemical molecules and manipulate their interactions, a critical step in developing new medications. Joshua Meier, the company’s…
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