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Companies FundingReportedThe New York Times / AI

Chai Discovery Raises $400M at $3.8B Valuation for AI Drug Discovery

Jul 14, 2026

Chai Discovery, an AI drug discovery startup, has raised $400 million in funding, bringing its valuation to $3.8 billion. The investment reflects growing investor interest in leveraging artificial intelligence to accelerate drug development.

Why it matters: This funding round highlights the expanding influence of AI in pharmaceutical research and development.

Full story at: The New York Times / AI