Also known as: OpenAI
OpenAI is an AI research and deployment company whose mission is to ensure that AGI benefits all of humanity. It operates through a nonprofit foundation and a for-profit public benefit corporation structure.
Bristol Myers Squibb will deploy Anthropic’s Claude across global operations, putting the AI platform in the hands of more than 30,000 employees. BMS plans to use it in R&D, clinical development, manufacturing and commercial work.
Thrive Capital has raised more than $10 billion in its largest fund ever. The fundraising was heavily oversubscribed and the cash influx was double the size of its last fund.
Generative AI processed complex medical datasets faster than traditional teams in a preterm birth study, while the healthcare market for the technology reached US$2.92 billion in 2024. The market is projected to grow to US$30.68 billion by 2033 as adoption expands in clinical workflows, imaging, drug discovery and precision medicine.
Recent studies reveal AI chatbots face significant challenges in medical applications, with one study showing ChatGPT Health under-triaged 51.6% of emergency cases. Cancer patients using an AI chatbot experienced 22% withdrawal rates due to usability issues, while medical researchers show cautious adoption with 40.3% reporting AI use in research.
OpenAI Foundation has pledged $1 billion in grants over the next year to support life science and health research while addressing AI's impacts on jobs and mental health. The nonprofit will recruit a new executive director to oversee grantmaking as part of its revitalized philanthropic mission.
Eighty-six countries including the US and China signed a declaration calling for secure and trustworthy AI at the five-day AI Impact Summit in New Delhi, though the statement included no concrete regulatory commitments and drew criticism for being too generic.
Isomorphic Labs introduced IsoDDE, a drug discovery engine that outperforms AlphaFold 3 by a factor of two in prediction accuracy. Google also updated Gemini 3 Deep Think, which now outperforms competing models in complex scientific tasks.
