Forbes August 25, 2023
Kenrick Cai, Iain Martin

Former Meta researchers who developed an AI language model for biology have launched a new startup and raised at least $40 million, Forbes has learned.

EvolutionaryScale is led by Alexander Rives, who ran Meta AI’s protein-folding team until the tech giant shuttered the project in April. The founding staff of eight all come from the same unit, where they created a transformers-based model in the vein of OpenAI’s GPT-4 or Google’s Bard, but trained on data about protein molecules in order to predict the structures of other unknown proteins. They used it to create a database that today contains 700 million possible 3D structures– key puzzle pieces for developing drugs that could cure diseases, microorganisms that could clean up pollution...

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Topics: AI (Artificial Intelligence), Biotechnology, Investments, Pharma / Biotech, Technology, Trends
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