A technology like artificial intelligence (AI) is extraordinarily complex to begin with. When you start to apply AI to complex domains like drug discovery, there’s a snowball’s chance in hell your average retail investor will understand what’s happening under the hood. If, as risk-averse investors, we adhere to Warren Buffett’s adage of only investing in […]
Drug development is complicated business. Medicinal chemists, many who have spent nearly a decade training in the halls of academia, are tasked with painstakingly synthesizing each and every molecule that could potentially have a therapeutic effect. These compounds need to then be screened in cells just to make sure they’re not just straight-up toxic, with […]
The bright minds at Insilico Medicine announced just today a major breakthrough in the rapidly growing field of AI drug discovery. The Hong Kong startup used a type of AI system called deep learning to simultaneously identify both a small-molecule drug and its ideal biological target to treat pulmonary fibrosis. It took just 18 months […]
When you’re a young male, you spend your money on cheap booze, hard drugs, and fast women – and the rest you waste. As you enter old age, you increase your spending on drugs, the type needed to treat the chronic problems you developed from abusing your body so much during your youth. The end […]
In many industries, there’s usually one or two companies that become nearly synonymous with their particular market. One of the most obvious examples is Coca Cola (KO). Think about it: We still refer to a soda as a coke, even though the soft drink manufacturer allegedly abandoned using cocaine in its formulation long ago. In […]
Hoteliers in Hungary must be loving life right about now. In 2018, Hungary set a record of 31 million hotel nights booked by tourists. From obnoxious British stag do goers to snap-happy Chinese mainlanders, the streets of Budapest – that’s Hungary’s capital city for the geographically challenged – are chock full of people enjoying the “Paris of the […]
In 2016, the unthinkable happened. Pundits had been predicting a major shakeup was coming that would change the future. Yes, that’s right: The new wave of commercial virtual reality headsets finally hit the market, led by Oculus VR. And then not much changed after the peak year of 2016 when venture capitalists pumped $857 million […]
“Follow the money,” you’ll often hear people say, and that small bit of advice is why we pay close attention to who invests in particular companies and technologies. Firms that have lots of money to invest in risky ventures are likely to go through the difficult due diligence process to validate someone’s technology, intellectual property, and capabilities to […]
Steve Jobs once said that “the biggest innovations of the twenty-first century will be the intersection of biology and technology,” and that “a new era is beginning” that he likened to the digital age that he spent most of his life working in. Numerous examples keep popping up that support his claims. You can now take someone’s […]
The industry where artificial intelligence has seen the most traction is in healthcare, something we touched upon in our most recent article on 6 AI Startups for Healthcare Management. CB Insights reported that through March of last year, AI in healthcare led all other industrial applications of AI in terms of equity deals, raising $1.8 billion across 270 deals […]