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ByteDance’s AI drug unit Anew Labs raises $290M at $1.5B valuation, Reuters reports

ByteDance closed a $290M funding round for Anew Labs, its newly spun-off AI drug discovery unit, at a $1.5B valuation, Reuters reports, citing two sources familiar with the matter. Moreover, the company that owns TikTok will retain 56% of the business after this round, according to the same sources.  According to the same reporting, HSG, […]

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Mark Zuckerberg says every AI lab has the incentive to build safely

“Every lab has the responsibility and incentive to move at the pace required to train its models safely, and the ability to take its own actions to ensure that happens,” said Mark Zuckerberg in a post on X on Tuesday. In the context of these days, when everyone is talking about “responsibility”, “the danger of […]

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Anthropic signs first Australian data centre lease

Anthropic has signed its first lease for data center capacity in Australia, at a site on a campus planned for farmland, about 250km west of Brisbane, according to Reuters, which cited two people familiar with the deal.  The site on which the data center will be built belongs to a Singapore-based developer, likely Zerra DC, […]

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