Chai Discovery, a San Francisco-based startup backed by OpenAI, is the latest drug discovery company to benefit from a flurry of investments at the intersection of health care and A.I. In its latest funding round, the company raised $130 million to accelerate the development of new drugs. The Series B round, announced today (Dec. 15),…
When British roboticist Dr. Peter Scott-Morgan was diagnosed with ALS in 2017, he was told the disease would gradually take his voice, his movement and, eventually, his place in the world. But he refused to accept the idea that losing speech should mean losing identity. As his body weakened, the Scott-Morgan turned to technology, experimenting…
Talk of SpaceX going public is sending the stocks of its partners and investors soaring. After multiple outlets reported earlier this month that SpaceX could pursue an IPO as soon as next year, The Wall Street Journal reported yesterday (Dec. 14) that the Elon Musk–led rocket and satellite company will begin hearing pitches from investment…
The integration of A.I. into the workforce has fueled widespread fears of job displacement, as workers across industries worry their roles could eventually be replaced by the technology, but those concerns have done little to slow its adoption in U.S. offices. The share of American workers using A.I. “a few times a year” reached 45…
Despite its rocky start, the crypto industry has firmly transitioned from niche communities to the core of global finance. In early December, U.S. spot Bitcoin ETFs recorded nearly a full week of net inflows, totaling around $288 million, as BTC continues its recovery. At the same time, traditional asset managers are increasingly embracing digital assets:…
In today’s era of digital disruption and relentless pressure for reinvention, new, borderline experimental schemes and management strategies are in no short supply. Over the past two years, executives have been told they need an A.I. strategy, a platform strategy, a data mesh, a new operating model, a new talent model and, inevitably, a new…
Justin McLeod, the founder and CEO of Hinge, tore his company down a decade ago and rebuilt it after realizing the dating app was engineered for engagement rather than genuine connection. Now, ten years later, McLeod says he’s had another revelation—but instead of overhauling Hinge, he’s channeling it into an entirely new venture. McLeod’s next…
Google’s Gemini is in a hyper-growth phase and rapidly closing the gap with OpenAI’s ChatGPT. Between August and November, Gemini’s global monthly active users rose about 30 percent, roughly six times ChatGPT’s growth, according to web and mobile app traffic data from Sensor Tower, first reported by The Information. The surge suggests that Google has…
If Doug McMillon’s reign at Walmart was defined by digitalization, the retail giant’s next chapter under incoming CEO John Furner is set to be dominated by A.I. “When you see somebody who’s ready to run the next lap better and faster than you are, it’s time to hand the baton and get out of the…
Jensen Huang’s months-long charm offensive in Washington seems to be paying off. President Donald Trump is granting Nvidia permission to sell the H200 GPU, its second-most powerful A.I. chip, to China, reversing a Biden-era ban. The decision came after months of lobbying from Huang, who had been pushing to regain the company’s foothold in its…
