Chai Discovery

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AI in drug discovery & development: News watch, October 2026

Recent news in biopharma AI include a $1.5bn partnership between AstraZeneca and insitro, plus news from Iambic, DaltonTx, NVIDIA, and Chai Discovery.

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AI specialist Chai Discovery raises $400m

Fresh from an alliance with Novartis, Chai Discovery has raised $400 million in third-round funding for its AI-based molecular design platform.

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Chai raises $130m for AI drug discovery platform

AI specialist Chai Discovery has said it is sitting on a valuation of around $1.3 billion, after raising $130 million in a Series B financing.

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Strand raises $153m for RNA meds, and other bio financings

Recent financings in biotech include a $153m Series B for programmable mRNA developer Strand, plus rounds for Artbio, Minghui, and Chai Discovery.

AI in drug discovery & development: News watch, October 2026

AI specialist Chai Discovery raises $400m

Chai raises $130m for AI drug discovery platform

Strand raises $153m for RNA meds, and other bio financings

Novo commits $200m to support World Diabetes Federation

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Chai Discovery

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