AI research, products, and industry developments
Eli Lilly partners with Insilico Medicine in a landmark $2.75 billion deal, gaining exclusive access to AI-driven drug discovery tools to accelerate therapeutic development.
Cohere has released an open-weight automatic speech recognition model with a 5.4% word error rate, directly challenging closed-source offerings from major cloud providers.
South Korea’s Rebellions secures $400 million in pre-IPO funding, lifting its valuation to $2.3 billion as the AI chip startup intensifies competition with Nvidia.