Strategic investments

Absci Corporation, a generative AI drug discovery and development company, announced on January 8 that it has entered into a strategic partnership with AMD to deploy AMD Instinct gas pedals and ROCm software to support key AI drug discovery and development workloads, including Absci's from-scratch antibody design models.AMD will also invest $20 million (currently approximately Rs. 147 crores) in Absci in the form of a private investment in equity (PIPE). AMD will also invest $20 million in Absci in the form of a private equity investment (PIPE) (I note: currently approximately RMB 147 million). Absci says this shows that in drug...

According to the official disclosure of oak deer science and technology, the company again won the strategic investment of nearly 200 million yuan and reached a comprehensive strategic cooperation. Based on the AI technology and industrial advantages of both sides, they will jointly promote the high-quality development of the "robot +" industry. Rubber deer science and technology said, the company will continue to expand the construction of the industry's largest AI frying robot factory, comprehensively improve the factory's production line automation, testing automation level; at the same time, actively seeking to establish a second production base in the north of the Yangtze River, in order to improve the response to the northern and Yangtze River delta customers and shipment speed, to meet the growing customer demand for shipments. The company will continue to increase investment in research and development, re...