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Ex-Meta Researchers Are Raising $40 Million For An AI Biotech Startup

Alex Rives, the research lead of Meta’s former AI protein team, is interim CEO for new startup EvolutionaryScale, which is developing biological large language models.

Sources: EvolutionaryScale, founded by members of Meta AI s recently axed protein-folding team to build biological LLMs, raised a $40M seed at a $200M valuation

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

Fate Therapeutics, Inc (NASDAQ:FATE) Given Average Rating of Hold by Analysts

Shares of Fate Therapeutics, Inc. (NASDAQ:FATE – Get Rating) have been given a consensus rating of “Hold” by the twenty-three research firms that are covering the company, MarketBeat reports. Two investment analysts have rated the stock with a sell recommendation, thirteen have issued a hold recommendation and five have issued a buy recommendation on the […]

Essential Properties Realty Trust, Inc (NYSE:EPRT) Receives $25 93 Consensus PT from Analysts

Fate Therapeutics (NASDAQ:FATE – Get Rating) had its target price lowered by Stifel Nicolaus from $5.30 to $5.00 in a research report sent to investors on Thursday, The Fly reports. Several other analysts also recently weighed in on the stock. HC Wainwright downgraded shares of Fate Therapeutics from a buy rating to a neutral rating […]

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