🗞️ AI proteins?

June 26, 2024   |   Read Online Brought to you by: Top stories today: Claude launches Projects for collaboration leveraging internal knowledge EvolutionaryScale launches AI model for proteins with $142M in funding Rivian gets $5B from Volkswagen for new JV ChatGPT for Mac available for all users, as Voice Mode delayed Scale AI sees revenue at $1B, positive adjusted EBITDA in Q4 Follow us on X | Instagram | Advertise to our 250K+ subscribers 0. Data and calendar All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT). All times are ET. 1. Claude launches Projects for collaboration leveraging internal knowledge Shareable Projects in Claude 200K context window for each project. Custom instructions can also be defined. Available for Pro and Team users. 2. EvolutionaryScale launches AI model for proteins with $142M in seed funding They leverage the Transformers architecture for the development of new proteins: Hayes et al (2024). Simulating 500 million years of evolution with a language model. ESM3 model "simultaneously reasons over the sequence, structure, and function of proteins." Similar to DeepMind's AlphaFold. Available for non-commerce use. 98B parameters. Investors: NVIDIA, Amazon, Nat Friedman, Dan Gross, others. 3. Athyna: Hire high-quality, affordable remote talent Athyna. They source the best talent from LATAM and South Africa. Native or fluent English. Similar time zones. 1/3 to 1/2 the cost of U.S./European talent. It's what the Bay Area Times uses to hire our team! $1,000 discount for BAT readers. Learn more about Athyna. *Disclaimer: Athyna is a partner of the Bay Area Times. 4. Rivian gets $5B from Volkswagen for new JV, stock +36% pre-market Google Finance. "Second half of the decade": when new vehicles will be introduced. $1B cash now, $4B over time. Rivian is still struggling, with a -$1.5B loss from operations in Q1, on top of $1.2B in revenue and -$0.5B in gross profit. 5. ChatGPT for Mac available for all users, as Voice Mode delayed X: OpenAI. July: Voice Mode alpha rollout. Fall: all Plus users. 6. Scale AI sees annualized revenue at $1B, positive adjusted EBITDA in Q4 The Information. 7. Autonomous car funding +125% YoY to $2.7B in Q2 YTD Crunchbase. Waymo raised $1.05B in May, Cruise $0.85B in June. 8. Interesting videos, posts, and memes Dario Amodei - CEO of Anthropic | Podcast | In Good Company | Norges Bank Investment Management Coatue's Laffont on AI Darlings and Opportunities in Today's Markets Are the Markets Broken? AQR's Cliff Asness Weighs In 9. Other headlines AI Stability AI confirms $80M fundraise, $400M liability forgiveness. Reddit warns AI scrapers, saying it will update its robots.txt. Mustafa Suleyman interview at Aspen: YouTube live. Athyna: hire incredible global talent with up to 80% savings vs. U.S. hires.* *Sponsored. Tech Google to stop continuous scroll to allow for faster page loads. Waymo opens robotaxis to everyone in San Francisco. TikTok Shop orders +13% MoM in U.S. in May. Axios Pro: Deals Tracker does smarter analysis across VC, PE and M&A.* Mercury makes startup finances simple.** *Sponsored. **Sponsored. Clicking on ad links may share your email with Mercury for remarketing purposes. Tech & law Huawei struggling to develop new chips due to U.S. sanctions: sources. Biotech ATTR-CM drug from Alnylam reports positive Phase 3 results. Cancer survivors linked to higher risk of age-related diseases. Healthy Longevity Talent Incubator: a look at. Grandmother hypothesis explains human's longevity. Business Archegos's downfall: visual deep dive. IRS apologizes to Ken Griffin for leaked tax return. Crypto Solana launches Blinks, Actions to integrate blockchain into websites. FTX bankruptcy faces some objections, next hearing on Jul. 17, Aug. 15. U.S. politics Trump's VP announcement could come as soon as today. Judge Cannon skeptical of Trump's bid to throw out Mar-a-Lago evidence. Jamaal Bowman loses Democratic primary to George Latimer. World Julian Assange leaves U.S. court in Pacific free man, after guilty plea. Evan Gershkovich's secret trial starts in Russia. Was this newsletter forwarded to you? Sign up here. Liked it? Forward it to friends and get rewards (see below). Share Bay Area Times Share our newsletter with your friends and get free Bay Area Times rewards! You currently have 0 referrals, only 1 away from receiving our Generative AI Unicorns Database. Click to Share Or copy and paste this link to others: https://www.bayareatimes.com/subscribe?ref=UbEAXR818y What did you think of today's newsletter? ⭐️⭐️⭐️ Amazing! ⭐️⭐️ Good ⭐️ Bad Advertise on the Bay Area Times Disclaimer: The Bay Area Times is a news publisher. All statements and expressions herein are the sole opinions of the authors or paid advertisers. 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