About six months after gaining $50 million in funding, Latent Labs has introduced a web-based AI model focused on biological programming. Simon Kohl, the CEO and founder, stated that this model has reached top-tier performance in protein binding laboratory tests. This means it delivers the best results in its category and suggests a strong success rate for the proteins tested in lab environments. Named LatentX, the model assists academic, biotech, and pharmaceutical sectors in creating new proteins directly through web browsers, going beyond natural processes by crafting unique molecular designs with precise atomic configurations, which accelerates the drug development timeline. Kohl emphasized that LatentX distinguishes itself from AlphaFold, which only predicts existing protein structures instead of generating new ones.
Unlike other AI-driven drug development companies focusing on proprietary medications, Latent Labs intends to license its technology for broader use. Kohl mentioned that many firms lack the resources to develop and sustain their own AI systems and teams. Currently, LatentX is available for free, although there are plans to implement fees for premium features in the future. The company benefits from backing by notable investors, including Radical Ventures, Sofinnova Partners, Google Chief Scientist Jeff Dean, Anthropic CEO Dario Amodei, and ElevenLabs CEO Mati Staniszewski.
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