OpenAI-backed Chai raises $70mn for AI-driven drug discovery
Start-up has attracted investment from Menlo Ventures and Yuri Milner’s DST Global Partners
Start-up has attracted investment from Menlo Ventures and Yuri Milner’s DST Global Partners

AI companies seek more control over investors trying to access their blockbuster funding rounds

Research organisations are banking on technology to help improve the odds of approval

Dragoneer fund will invest $2.8bn in one of the largest start-up cheques ever written by a company

Start-up backing new company intended to help deploy AI within businesses owned by PE firms

Chief executive Sam Altman refocuses AI company as Anthropic tests its early lead

Deal could push AI start-up’s valuation above $500bn and involve it using the cloud giant’s chips