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 artificial intelligence firm benevolentai secure


Medical artificial intelligence firm BenevolentAI secures $115m in funding ZDNet

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BenevolentAI has secured $115 million in funding to harness the power of artificial intelligence (AI) in the development of new medical treatments. On Wednesday, the startup said the cash injection came from both new and existing investors at a pre-money valuation of $2 billion. Founded in 2003, the British company has now raised $202 million to date, according to Crunchbase. Investors include Woodford Investment Management, Lundbeck, and Lansdowne Partners. The identity of some investors has not been disclosed.