Chan Zuckerberg Initiative acquires AI startup Meta, will offer its services for free
The Chan Zuckerberg Inititative, a philanthropic initiative from Facebook CEO Mark Zuckerberg and his wife Dr. Priscilla Chan, a pediatrician, has acquired a startup, Meta, focused on using AI and machine learning to sift through recently published scientific studies. The terms of the acquisition were undisclosed. Announced in September, the Chan Zuckerberg Initiative is a limited liability company focused on the ambitious goal to "cure, prevent, or manage all diseases by the end of the century." At least $3 billion will be allocated toward that goal, all coming out of Chan and Zuckerberg's Facebook shares. "In science, peer-reviewed articles are the medium for the global conversation among researchers, and they represent the foundational reference point by which we judge what is known, where science is going, and what to work on next," Meta CEO Sam Molyneux, who cofounded the startup with his sister Amy, wrote in a blog post announcing the acquisition. Each day, more than 4,000 scientific papers are published in biomedicine alone.
Jan-31-2017, 03:11:49 GMT
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