Current directory: /home3/bjinbymy/public_html/indianext/wp-content/mu-plugins Three New Members Are Welcomed To The Openfold AI Research Consortium: NVIDIA, Valence Labs, And UCB - AI Next
Indianext
No Result
View All Result
Subscribe
  • News
    • Project Watch
    • Policy
  • AI Next
  • People
    • Interviews
    • Profiles
  • Companies
  • Make In India
    • Solutions
    • State News
  • About Us
    • Editors Corner
    • Mission
    • Contact Us
    • Work Culture
  • Events
  • Guest post
  • News
    • Project Watch
    • Policy
  • AI Next
  • People
    • Interviews
    • Profiles
  • Companies
  • Make In India
    • Solutions
    • State News
  • About Us
    • Editors Corner
    • Mission
    • Contact Us
    • Work Culture
  • Events
  • Guest post
No Result
View All Result
Latest News on AI, Healthcare & Energy updates in India
No Result
View All Result
Home AI Next

Three New Members Are Welcomed To The Openfold AI Research Consortium: NVIDIA, Valence Labs, And UCB

September 13, 2023
Artificial-Intelligence

UCB, NVIDIA, and Valence Labs (powered by Recursion) have joined OpenFold, a non-profit artificial intelligence (AI) research group, that aims to create free and open-source software tools for biology and drug development. The pharmaceutical and TechBio sectors will benefit from UCB and Valence Labs’ expansion of OpenFold’s reach and support, while NVIDIA’s expertise in AI computing will hasten the consortium’s technological advancement.
“One of the most potential areas for AI to have an impact on our daily lives is the use of AI to proteins. According to Lucas Nivon, one of the co-founders of OpenFold and CEO at Cyrus Biotechnology, the White House’s voluntary AI framework specifically includes developing AI to address “society’s deepest challenges,” using drug discovery for oncology as an example. “That calls for the best minds in biotech and technology, and today’s announcement adds three significant firms to assist in advancing OpenFold. The ultimate objective is for patients to gain from the support provided by UCB, NVIDIA, and Valence Labs to OpenFold, especially those with unmet medical requirements.

The Open Molecular Software Foundation, a non-profit group improving molecular sciences by creating communities for open-source research software development, is the organization behind OpenFold, a coalition of academic and industrial partners established in February 2022. The founding companies of OpenFold, Cyrus Biotechnology, Arzeda, Outpace Bio, Bayer, Basecamp Research, CHARMM Therapeutics, and Dassault Systemes are joined by the three new members.

The goal of OpenFold is to make the most potent software ever developed—AI systems capable of engineering life’s molecules—available to everyone. These technologies can help expedite basic biological research and bring new treatments to market that would not have been able to be found without AI. They can be utilized by academics, biotech, and pharmaceutical businesses, or students learning to develop the medicines of tomorrow.

UCB, a global biopharmaceutical firm with its headquarters in Brussels, Belgium, is known for its commitment to innovation and is supported by decades of outstanding scientific research in the fields of immunology and neurology. UCB has extensive experience in Computer-Aided Drug Design (CADD) using both physics- and AI-based methodologies. The company is also skilled at using these tools to commercialize medications.

“UCB is excited to join the OpenFold Research Consortium because we understand that open collaboration and collaborations, as well as the application of cutting-edge technology like artificial intelligence and computer-aided drug design, may help us make a bigger impact. Our CADD team’s use of cutting-edge science and technology has made it possible to find some of our biologics-based treatments, and by joining the OpenFold consortium, we hope to advance the fields of protein structure prediction and open science, according to UCB Chief Scientific Officer Dhaval Patel. “AI techniques to more accurately anticipate protein-protein and protein-small molecule interactions are of particular interest to us. To accomplish those goals, we may work in pre-competitive areas with other pharmaceutical and biotech companies as well as with academic specialists thanks to the OpenFold consortium.

A leader in accelerated computing, deep learning, and AI, NVIDIA is a full-stack computer business. Its technology is advancing a variety of sectors, including biopharmaceutical research and drug development.

“Protein structure prediction advancements have the potential to transform how we treat illness, generate energy, and feed the globe. According to Anthony Costa, Group Lead for Life Sciences Developer Relations at NVIDIA, “OpenFold’s open research software development mission combined with NVIDIA’s accelerated computing contributions has the potential to enable anyone and everyone to access the tools and methods needed to address these challenges.”

In July 2023, Valence Labs officially debuted as Recursion’s machine-learning research engine. The company aims to pioneer the creation of innovative tools, models, and benchmarks while promoting a sense of community through open science and academic research. Early in 2023, NVIDIA and Recursion, along with Valence Labs, established a partnership to work together to develop the fundamental models for drug development using Recursion’s exclusive datasets and NVIDIA’s computing capabilities.

“Valence Labs is honored to join OpenFold and excited to contribute to the growing movement of democratizing machine learning research for the drug discovery community,” stated Daniel Cohen, president of Valence Labs. “Valence has a long history of collaborating with the machine learning community to share our research and tools, and we look forward to stepping up those efforts through the OpenFold consortium.”

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Editors Corner

How can Artificial Intelligence tools be a blessing for recruiters?

Will Artificial Intelligence ever match human intelligence?

Artificial Intelligence: Features of peer-to-peer networking

What not to share or ask on Chatgpt?

How can Machine Learning help in detecting and eliminating poverty?

How can Artificial Intelligence help in treating Autism?

Speech Recognition and its Wonders in your corporate life

Most groundbreaking Artificial Intelligence-based gadgets to vouch for in 2023

Recommended News

AI Next

Google: AI From All Perspectives

Alphabet subsidiary Google may have been slower than OpenAI to make its AI capabilities publicly available in the past, but...

by India Next
May 31, 2024
AI Next

US And UK Doctors Think Pfizer Is Setting The Standard For AI And Machine Learning In Drug Discovery

New research from Bryter, which involved over 200 doctors from the US and the UK, including neurologists, hematologists, and oncologists,...

by India Next
May 31, 2024
Solutions

An Agreement Is Signed By MEA, MeitY, And CSC To Offer E-Migration Services Via Shared Service Centers

Three government agencies joined forces to form a synergy in order to deliver eMigrate services through Common Services Centers (CSCs)...

by India Next
May 31, 2024
AI Next

PR Handbook For AI Startups: How To Avoid Traps And Succeed In A Crowded Field

The advent of artificial intelligence has significantly changed the landscape of entrepreneurship. The figures say it all. Global AI startups...

by India Next
May 31, 2024

Related Posts

Google
AI Next

Google: AI From All Perspectives

May 31, 2024
Pfizer
AI Next

US And UK Doctors Think Pfizer Is Setting The Standard For AI And Machine Learning In Drug Discovery

May 31, 2024
Artificial-Intelligence
AI Next

PR Handbook For AI Startups: How To Avoid Traps And Succeed In A Crowded Field

May 31, 2024
openai
AI Next

OpenAI Creates An AI Safety Committee Following Significant Departures

May 31, 2024
Load More
Next Post
Artificial-Intelligence

Business Applications Of Generative AI: Top 7 Productivity Boosts

IndiaNext Logo
IndiaNext Brings you latest news on artificial intelligence, Healthcare & Energy sector from all top sources in India and across the world.

Recent Posts

Google: AI From All Perspectives

US And UK Doctors Think Pfizer Is Setting The Standard For AI And Machine Learning In Drug Discovery

An Agreement Is Signed By MEA, MeitY, And CSC To Offer E-Migration Services Via Shared Service Centers

PR Handbook For AI Startups: How To Avoid Traps And Succeed In A Crowded Field

OpenAI Creates An AI Safety Committee Following Significant Departures

Tags

  • AI
  • EV
  • Mental WellBeing
  • Clean Energy
  • TeleMedicine
  • Healthcare
  • Electric Vehicles
  • Artificial Intelligence
  • Chatbots
  • Data Science
  • Electric Vehicles
  • Energy Storage
  • Machine Learning
  • Renewable Energy
  • Green Energy
  • Solar Energy
  • Solar Power

Follow us

  • Facebook
  • Linkedin
  • Twitter
© India Next. All Rights Reserved.     |     Privacy Policy      |      Web Design & Digital Marketing by Heeren Tanna
No Result
View All Result
  • About Us
  • Activate
  • Activity
  • Advisory Council
  • Archive
  • Career Page
  • Companies
  • Contact Us
  • cryptodemo
  • Energy next
  • Energy Next Archive
  • Home
  • Interviews
  • Make in India
  • Market
  • Members
  • Mission
  • News
  • News Update
  • People
  • Policy
  • Privacy Policy
  • Register
  • Reports
  • Subscription Page
  • Technology
  • Top 10
  • Videos
  • White Papers
  • Work Culture
  • Write For Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

IndiaNext Logo

Join Our Newsletter

Get daily access to news updates

no spam, we hate it more than you!