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SMIC reports Q2 revenue up 16.2% YoY to $2.2B, in line with expectations, and profit down 19.5% YoY to $132.5M, below $183.35M est. (Reuters)

Reuters : SMIC reports Q2 revenue up 16.2% YoY to $2.2B, in line with expectations, and profit down 19.5% YoY to $132.5M, below $183.35M ...

6 August 2025

AI drug discovery startup Chai Discovery raised a $70M Series A led by Menlo Ventures via its co-investment vehicle with Anthropic, valuing it at ~$550M (George Hammond/Financial Times)

George Hammond / Financial Times:
AI drug discovery startup Chai Discovery raised a $70M Series A led by Menlo Ventures via its co-investment vehicle with Anthropic, valuing it at ~$550M  —  Start-up has attracted investment from Menlo Ventures and Yuri Milner's DST Global Partners  —  OpenAI-backed start-up Chai Discovery …

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