ANTHROPIC BUYS BIOTECH STARTUP COEFFICIENT BIO IN $400M DEAL

Summary from the TLDR AI newsletter

Anthropic acquired biotech AI startup Coefficient Bio for $400 million in stock to bolster its healthcare and life sciences ventures. Coefficient Bio, founded by former Genentech researchers, used AI to expedite drug discovery and biological research. The 10-person team will integrate into Anthropic's health and life sciences division.