Altara has raised $7 million to develop AI that unifies siloed data in physical sciences R&D, aiming to accelerate discovery and diagnose failures.
Why it matters
This funding highlights the growing application of AI in specialized scientific fields. By tackling the challenge of fragmented data, Altara's AI has the potential to significantly accelerate the pace of innovation in physical sciences, which could lead to breakthroughs in areas like materials science, drug discovery, and advanced manufacturing. This demonstrates AI's capability to solve complex, domain-specific problems beyond general computing tasks.
Altara is using AI to help scientists organize their research data, which is often scattered across different places. This should make it faster for them to discover new things and fix problems in their experiments.
Finnish AI lab QyTw0, founded by former AMD Silo AI CEO Peter Sarlin, has achieved a valuation of approximately $380 million after securing $29 million in an angel funding round.
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