AI health startup Nuritas expects to discover five new drugs by 2021

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A startup based in Ireland expects to discover five new healthcare ingredients by 2021 using artificial intelligence.

Nuritas, headquartered in Dublin, has already proven it's up to the task. The startup used AI to discover an ingredient to help treat inflammation which is expected to reach sports nutrition products by the end of 2019.

The debut ingredient was discovered as part of a collaboration with BASF, a German chemical giant. Whereas the standard to discover a new...

Most-funded AI startup SenseTime wants another $2bn

Not content with being the world’s most-funded AI startup, Chinese facial recognition darling SenseTime is preparing a $2 billion financing round.

SenseTime raised more than $1.2 billion last year; including a round announced in May that valued it at more than $4.5 billion.

According to Bloomberg sources, the company is aiming for $2 billion more funding but the information is private. The sources claim investor Alibaba is working on the...