Celestia Labs, a cryptocurrency infrastructure company, has temporarily blocked Nigerian residents from accessing its $5 test token giveaway, citing mass withdrawals instead of product testing. The move comes two months after Kled AI, a US-based data marketplace, removed its app from Nigerian app stores and imposed an IP ban on the entire region for similar…
Shares of Alkem Laboratories witnessed block deals worth about Rs 930 crore on Tuesday, with promoter family entities selling shares to a clutch of domestic mutual funds and foreign institutional investors. According to NSE block deal data, a total of 17.88 lakh shares changed hands at Rs 5,200 apiece. The transaction value works out to…
Goldeneye 1995 LLC, an affiliate of fintech investor and Ripple’s former chief risk officer, Greg Kidd, is buying a controlling interest in health monitoring company Know Labs using 1,000 Bitcoin and some extra cash. U.S.-based medical device company Know Labs develops non-invasive health monitoring tools using radio-microwave spectroscopy to help identify and measure molecules inside…
Drug design and development company Isomorphic Labs announced it raised $600 million in its first external funding round. Thrive Capital led the round, with participation from GV (Google Ventures) and existing investor Alphabet. WHAT IT DOES Isomorphic Labs, launched in 2021 with Google DeepMind, unveiled its newest joint AI offering AlphaFold 3, an AI model…
Israel-based AION Labs, an AI-enabled drug discovery partnership between global pharma and tech companies, announced the launch of a new startup company CombineAble.AI, which will speed up the development of therapeutics by addressing challenges associated with antibody design. CombinAble.AI was formed following an AION Labs startup challenge aimed at developing an AI-based solution for therapeutic…
