Birmingham secures $44 million in federal Tech Hub grants

Birmingham’s biotech future: How a $44M AI grant could transform the industry
Birmingham Biotechnology Hub awarded $44 million grant for AI-driven projects
U.S. Rep. Terri Sewell announced that the U.S. Department of Commerce’s Economic Development Administration has awarded a $44 million grant to the Birmingham Bi
$44 million in grants awarded to Birmingham Biotechnology Hub
AI to shape EU health policymaking without new rules
No specific initiatives on AI in healthcare are in sight but the inevitable impact of this technology will guide EU policymaking in the next five years, according to Commissioner Olivér Várhelyi. View
EurekAlert!3d
Advanced Science: Insilico Medicine utilized AI technology for novel target discovery and drug repurposing to treat endometriosis
Insilico Medicine (“Insilico”), a clinical stage generative artificial intelligence (AI)-driven biotechnology company has recently announced the breakthrough study achieved in collaboration with a well-known university in Hong Kong.
US imposing new export controls on biotech equipment over China concerns
The U.S. Commerce Department said Wednesday it is imposing new export controls on biotechnology equipment and related technology because of national security concerns tied to artificial intelligence and data science.
Harvard Business Review11d
Why “Living Intelligence” Is the Next Big Thing
AI is merely one facet of a sweeping technological change underway, and companies that fail to recognize the importance of other converging technologies risk being left behind. Two other technologies — advanced sensors and biotechnology — are less visible,
GEN2d
AI-Designed Antivenom Counteracts Toxins from Snakebites in Mice
The AI-designed proteins neutralized lethal 3FTx toxins found in snake venom, which are often the reason that traditional antivenoms fail.
Business Wire19h
ImmunoPrecise Antibodies Realigns Pipeline Strategy, Empowering Drug Discovery with AI and First-Principles Innovation
ImmunoPrecise Antibodies Ltd. (NASDAQ: IPA) today announced the launch of its AI-powered pipeline of both optimized and new therapeutics, a system set
GEN11d
AI Accelerates and Expands Drug Development
By combining diverse datasets and powerful analytical and modeling tools, drug developers are finding more potential medicines than ever.
Here’s Why SoundHound AI, Inc. (SOUN) Is Skyrocketing
We recently compiled a list of the Why These 24 Stocks Are Skyrocketing. In this article, we are going to take a look at where SoundHound AI, Inc. (NASDAQ:SOUN) stands against the other stocks. One of the strongest stock market anomalies is the momentum effect,
devdiscourse2d
U.S. Implements New Export Controls on Biotech Over Security Concerns
The U.S. Commerce Department is imposing new export controls on biotechnology equipment due to national security concerns linked to AI. The controls target technology that could aid China's military.
Here’s Why SES AI Corporation (SES) Is Skyrocketing
We recently compiled a list of the Why These 24 Stocks Are Skyrocketing. In this article, we are going to take a look at where SES AI Corporation (NYSE:SES) stands against the other stocks. One of the strongest stock market anomalies is the momentum effect,
Immunovant, Inc. (IMVT): The Biotech Stock with Biggest Upside Potential
We recently published a list of the 12 Biotech Stocks with the Biggest Upside Potential. In this article, we are going to take a look at where Immunovant, Inc.