Reported about 5 hours ago
Lila Sciences, a biotechnology startup, has secured $235 million to enhance scientific discovery through artificial intelligence. Valued at approximately $1.23 billion, Lila aims to develop AI tools that speed up research processes in fields like materials and life sciences. The funding will facilitate the expansion of their automated labs, referred to as 'AI science factories,' enabling researchers to quickly test hypotheses and develop innovative materials and drugs. With a focus on creating groundbreaking technologies, Lila plans to open its platform to external companies by year-end.
Source: YAHOO