CONNECT WITH US

ByteDance's Anew Labs reportedly raises US$290M as AI drug discovery gains momentum

, DIGITIMES, Taipei
0

Credit: AFP

ByteDance has completed a US$290 million funding round for Anew Labs, its AI drug-discovery business spun off from the Chinese technology group, valuing the company at US$1.5 billion, according to Reuters. ByteDance will retain a 56% stake following...

The article requires paid subscription. Subscribe Now