Announced

Completed

The Chan Zuckerberg Initiative completed the acquisition of EvolutionaryScale.

Synopsis

The Chan Zuckerberg Initiative, a philanthropic organization founded by Mark Zuckerberg and Priscilla Chan with a mission to build a more inclusive, just and healthy future, completed the acquisition of EvolutionaryScale, an AI research lab focused on biology, leveraging generative AI to transform protein discovery. Financial terms were not disclosed. Mark Zuckerberg emphasized that the investment reflects CZI's commitment to helping scientists heal or prevent diseases, considering recent advances in AI.

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