AI Drug Development Startup Genesis Raises $200 Million for AI Drug Development

California-based startup Genesis Therapeutics has successfully raised $200 million in a Series B funding round, with the funds earmarked for advancing the clinical trials of its AI-driven drug projects and expanding research into new areas. This round of financing was co-led by Andreessen Horowitz and an undisclosed life sciences investor. Genesis Therapeutics focuses on utilizing artificial intelligence to model and predict the properties of proteins and their molecular partners, having secured over $280 million in cumulative funding to date. The company's work has attracted the attention of pharmaceutical giants Eli Lilly and Roche, with whom they are collaborating on drug development.

Tencent and CATL Plan to Invest Heavily in DeepSeek's First Round of Funding, Valuation May Reach 400 Billion Yuan

Chinese AI startup DeepSeek plans to conduct its first large-scale financing round, aiming to raise about 50 billion yuan (approximately 7.4 billion US dollars), with an estimated valuation of 350 to 400 billion yuan after the funding. The company has gained global attention with its V3 and R1 models, changing the perception of China's capabilities in large model development.

AI Programming Startup Cognition Secures $1 Billion in Funding, Valuation Reaches $25 Billion Before the Round

Artificial intelligence programming startup Cognition completed a funding round exceeding $1 billion on May 27, 2026, with a pre-money valuation of $25 billion, led by Lux Capital and General Catalyst. Compared to its valuation of $10.2 billion during its $400 million funding in September 2025, its value has more than doubled. Its core product is autonomous AI software engineering.

Anthropic Raises Funding at a Valuation of $90 Billion Targeting $3 Billion

The AI company Anthropic is planning to raise $3 billion in funding, with a pre-money valuation of $90 billion, reflecting strong market confidence in its future prospects. Negotiations are progressing quickly, and the deal is expected to be completed as early as月底, but specific terms of the agreement are still under discussion and have not been finalized yet.

Liang Wenfeng Invests 20 Billion! DeepSeek Launches Record-Breaking $5 Billion Funding Round, V4.1 Set for June

The domestic large model sector has witnessed a capital storm, with DeepSeek (Deep Seek) initiating its first major funding round targeting an amount of 5 billion yuan, which, if successful, would break the industry record. Notably, the lead investor is not a venture capital firm or an internet giant, but the founder Liang Wenfeng himself, who has invested the highest personal amount, demonstrating his strong confidence in the company.

The Shadow of OpenAI and Anthropic: Why Cursor's $5 Billion Funding Round Was Rejected by Big Tech Investors

AI programming company Cursor faced obstacles in its quest for several billion dollars in funding, with its $5 billion valuation deterring several later-stage investment firms. Previously, SpaceX had shown interest in acquiring it for $6 billion, but top funds including Iconiq have clearly rejected the offer. The main reason for the cold funding climate is that global capital has already completed its initial setup in the AI sector.