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Qulab Applies Artificial Intelligence To Drug Design

socalTECH

The startup--backed by Cota Capital, Civilization Ventures, Plug and Play, and 415--says that Quleap automated small molecule, synthesis planning, and a cloud engine for simulating biomolecules. He also attended USC's Viterbi School of Engineering as a Ph.D. READ MORE>>.

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Halla AI Platform for Ecommerce Raises $1.4M Seed Funding

L.A. Business Journal

Burbank-based Shag Enterprises Inc, an artificial intelligence company that’s created a predictive platform for online ordering, announced on May 15 it raised $1.4 million in seed funding led by New York-based E&A Venture Capital.

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Model Medicines Takes $4.1M

socalTECH

San Diego-based Model Medicines, a company that is developing artificial intelligence and machine learning software for the drug discovery and development process, has raised $4.1M in a funding round. The funding came from 8VC, Irving Investors, Particle X and Nex Cubed.

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Halla Finds $1.4M For Online Grocery Personalization

socalTECH

A brand new, Los Angeles-based artificial intelligence startup, Halla , announced on Wednesday that it has raised $1.4M According to Halla, the funding was led by E&A Venture Capital, an early stage food industry investor, and also included SOSV. The company said it has now raised a total of $1.9M READ MORE>>.

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Temasek Funds New AI Effort In San Diego, Aicadium

socalTECH

Singapore-based investment firm b>Temasek says it is funding and has launched a new, artificial intelligence startup that is headquartered in San Diego and Singapore, called Aicadium. The new startup will focus on developing a common machine learning platform to deliver AI-as-a-Service from discovery to deployment.

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Entos Finds $53M For Drug Design Platform

socalTECH

San Diego-based Entos, a developer of artificial intelligence and automated synthetic development technology for designing small-molecule therapeutics, has raised $53M in a Series A funding. The funding was led by Coatue, and also included Catalio Capital Management, OrbiMed, Sequoia CApital, Nexus Ventures, and Freeflow.

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What Is xAI? Elon Musk Reveals New Startup To Rival OpenAI

Tech.Co

Initially pinned as a generative AI startup for Twitter when it first hit the headlines back in April, the xAI website seems to suggest that the new startup will remain separate from the social media platform, as well as Musk's collection of other technology companies. Will xAI Rival OpenAI?