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May 9, 2024

Alphafold 3 launched by Google Deepmind, who hopes to build “$100B’s+ business”

Bay Area Times
Bay Area Times

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Top stories today:

  1. Alphafold 3 launched by Google Deepmind
  2. Mistral nears raise of $600M at $6B valuation
  3. OpenAI shares “Model Spec,” doc on how they want AI models to behave
  4. iPhone shipments in China +12% YoY to 3.75M units in Mar.
  5. China’s exports +1.5% YoY in Mar., imports +8.4%, after drops in Feb.

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0. Data and calendar

All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).

All times are ET.

1. Alphafold 3 launched by Google Deepmind, who hopes to build “$100B’s+ business”

  • “Can predict the structure and interactions of all life’s molecules with unprecedented accuracy,” vs. AlphaFold 2, which focused on proteins.

  • “50% more accurate than the best traditional methods on the PoseBusters benchmark.”

  • “Millions of researchers” have used AlphaFold.

  • Free for non-commercial research.

    • AlphaFold Server is their web hosted version.

Deepmind CEO Demis Hassabis expects drugs in the clinic “in the next couple of years”

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3. Mistral nears raise of $600M at $6B valuation

Making it the #6 most valuable generative AI startup:

Generative AI Unicorns Database - Bay Area Times.

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