Enveda raises $311 million to advance AI-assisted drug candidates
Enveda has raised $311 million in Series E financing at a $2 billion valuation as it moves drug candidates found through its AI-assisted search of natural compounds into human testing. Catalio Capital Management led the round, wit...
Lightspeed targets $250 million for AI-focused India fund
Lightspeed is seeking $250 million for a new early-stage India fund focused on AI companies, with commitments for 80% of that target already secured, TechCrunch reported from a letter to investors. The proposed fund is half the si...
Infleqtion claims 30 entangled logical qubits on Sqale system
Infleqtion says it created 30 entangled logical qubits on its Sqale quantum computing system, a company-reported step toward operations across error-protected quantum bits. A logical qubit encodes information across multiple physi...
NUS Enterprise launches patent-matching platform and Munich outpost
NUS Enterprise says it has launched Nova, an AI platform developed with Zima Labs to help its staff find commercial partners for university research. It has also established an outpost in Munich through a partnership with Unterneh...
White House asks AI labs to delay model access for UK testers
The White House has asked OpenAI and Anthropic to keep new AI models from the UK's AI Security Institute until the US government tests them, Politico reported. A British official confirmed the reported request to Bloomberg. Politi...
Microsoft unveils Copilot app with coding and autonomous agents
Microsoft unveiled a redesigned Copilot app that brings chat, coding and autonomous agents into one interface for work. Its Home tab combines chat and task assistance, while Code is designed to create internal apps in a sandbox ho...