Drug Discovery AI News & Updates

FutureHouse Launches 'Finch' AI Tool for Biology Research

FutureHouse, a nonprofit backed by Eric Schmidt, has released a biology-focused AI tool called 'Finch' that analyzes research papers to answer scientific questions and generate figures. The CEO compared it to a "first year grad student" that makes "silly mistakes" but can process information rapidly, though experts note AI's limited track record in scientific breakthroughs.

DeepMind Alumnus Launches Latent Labs with $50M to Revolutionize Computational Biology

Latent Labs, founded by former Google DeepMind scientist Simon Kohl, has emerged from stealth with $50 million in funding to build AI foundation models for computational biology. The startup aims to make biology programmable by developing models that can design and optimize proteins without extensive wet lab experimentation, potentially transforming the drug discovery process through partnerships with biotech and pharmaceutical companies.