Google’s Open-Source AlphaFold3 Ushers in New Era of AI-Driven Biological Discovery

November 12, 2024 – According to a blog post published by Nature yesterday (November 11th), Google’s DeepMind team has open-sourced the code for AlphaFold3, inviting academic researchers to download and optimize the Nobel Prize-winning protein structure modeling tool for non-commercial use. Compared to its predecessor, AlphaFold3 offers the ability to model proteins in interaction with…

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Physical Intelligence Secures 400MillionInvestment,Reaching2.4 Billion Valuation with Bezos and OpenAI Support

November 07, 2024 – Physical Intelligence, a robotic startup in the United States, has announced the raising of 400millioninfunding,propellingitspost−moneyvaluationtoawhopping2.4 billion. According to a spokesperson from Physical Intelligence, the round was led by a prestigious group of investors including Amazon founder Jeff Bezos, OpenAI, Thrive Capital, Lux Capital, and Bond Capital. Additionally, Khosla Ventures and Sequoia…

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Precision Raises 93Million,Reaching500 Million Valuation as Neuralink Competitor

November 07, 2024 – According to Bloomberg, sources familiar with the matter have revealed that Precision Neuroscience, a brain-computer interface company, is seeking to raise 100millioninfunding.Thecompanyhasalreadysecured93 million, resulting in a valuation of approximately $500 million. Precision is positioned as a rival to Elon Musk’s Neuralink. This new infusion of funds provides Precision with additional financial…

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Meta’s Reality Labs Continues to Invest Amidst 19% Revenue Growth in Q3

October 31, 2024 – Meta today released its unaudited financial results for the third quarter, reporting a revenue of 405.80billion,a19156.88 billion, marking a 35% year-over-year growth. Additionally, diluted earnings per share rose by 37% to $6.03. In September 2024, Meta’s “family” of services, including Meta, Instagram, WhatsApp, and Messenger, reached an average of 32.9 billion…

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