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AI labs get $300M to play god with test tubes

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๐Ÿ“–4 min read

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๐Ÿงช Scientists Raise $300M to Let AI Play With Real Chemistry Sets

  • Periodic Labs just raised a $300 million seed round (yes, seed) to build robot labs where AI runs actual experiments. The founders? Just your typical ex-OpenAI and Google folks.

  • We're literally giving AI control of physical labs now. What could go wrong with autonomous robots mixing chemicals unsupervised? (source)


๐Ÿ’Š "ChatGPT for Doctors" Worth More Than Most Countries

  • OpenEvidence raised $200M at a $6B valuation for their medical AI. That's right - a chatbot that reads WebMD is worth more than the GDP of Montenegro.

  • VCs are betting billions that doctors want AI to do their homework. Next up: AI surgeons (disclaimer: may hallucinate extra organs). (source)


๐Ÿ”’ Veeam Drops $1.7B on AI Security (The Irony)

  • Veeam is buying Securiti AI for $1.73 billion to protect all the data we're feeding to chatbots. It's like buying a lock after you've given everyone your keys.

  • Companies are realizing they need to secure the data they're yeeting into LLMs. Better late than sued. (source)


๐ŸŽฎ AI Chips Are Eating Your Phone's Lunch

  • The AI boom is causing a shortage of regular memory chips. Factories are too busy making H100s to care about your iPhone.

  • Your next phone might cost more because NVIDIA needs all the silicon to help ChatGPT write better poetry. (source)


๐Ÿ‡น๐Ÿ‡ผ Taiwan's Economy Goes Full NVIDIA Mode

  • Taiwan's exports jumped 30.5% in September. Turns out being the world's chip factory during an AI gold rush is pretty lucrative.

  • One island is basically powering the entire AI revolution. No pressure, Taiwan. (source)


๐Ÿ—‘๏ธ FTC Deletes "AI Bad" Blog Posts, Embraces Chaos

  • The FTC quietly removed posts warning about AI risks. New administration says: "Regulation? In this economy?"

  • The AI safety guardrails just got uninstalled. We're going full accelerationist now, baby. (source)


๐Ÿ—ณ๏ธ Dutch Regulator: "Don't Let ChatGPT Pick Your Government"

  • Netherlands warns against using AI for voting advice after tests showed chatbots only recommend the two biggest parties. Democracy via autocomplete.

  • AI is biased toward whoever has the most training data. Shocking revelation: popular things are popular. (source)


๐Ÿ›ก๏ธ European Startup Raises โ‚ฌ30M to Be AI's Babysitter

  • Nexos.ai got funded to sit between employees and ChatGPT, making sure nobody accidentally uploads the company secrets.

  • We need an entire industry just to stop people from copy-pasting confidential data into AI. Peak 2025. (source)


๐ŸŒ Y Combinator Alum Brings AI HR to MENA, Raises $12M

  • Cercli is building "AI-native HR" for the Middle East. Because if there's one thing HR needed, it's more automation.

  • AI is going global - every region gets its own flavor of automated rejection emails. (source)


๐Ÿ“ฑ Meta AI Hits 2.7M Users by Adding TikTok Clone #47

  • Meta's AI app usage exploded after adding "Vibes" - AI-generated short videos. Because we needed more algorithmic content.

  • Turns out people will use AI if you disguise it as endless scrolling. Zuck cracked the code. (source)


๐Ÿ• Yelp's AI Can Now Judge Your Food Before You Order It

  • Point your camera at a menu, and Yelp's AI shows you photos and reviews of each dish. The future is here, and it's extremely bougie.

  • We've reached peak first-world problem solving - AI to help you pick between pasta dishes. (source)


๐Ÿ’ฐ Russian ATMs Use AI to Buy Your Gold (Seriously)

  • Russia deployed AI-powered ATMs that analyze and buy gold from citizens. The machines are smarter than crypto bros but just as sketchy.

  • When your economy needs AI to handle physical gold transactions, you know things are totally normal. (source)


๐Ÿ“ˆ AI Predicts How Rich People Will React to Drama

  • InvestorSight built AI that models how institutional investors behave during hostile takeovers. It's like fantasy football for corporate raids.

  • We're using AI to predict how other AIs (hedge fund algorithms) will react. It's AIs all the way down. (source)


๐Ÿ‘Ž CoreWeave's Infrastructure Deal Gets Roasted

  • Advisory firm ISS tells investors to reject CoreWeave's acquisition. Even in the AI bubble, some deals are too dumb.

  • Reminder that "AI company" isn't a magic word that makes every valuation make sense. (source)


๐Ÿฆ X Tests "Pay for What You Break" API Pricing

  • X is trying pay-per-use API pricing. Finally, you can go bankrupt one API call at a time instead of all at once.

  • Elon discovered developers have less money than advertisers. Revolutionary business insight. (source)


Until tomorrow (unless AI achieves consciousness first),
Team Galaxy.ai

P.S. If an AI startup raises less than $100M, did it even happen? Asking for the 99% of companies not backed by Saudi sovereign wealth funds.