AI Daily: Isomorphic Labs secures $2.1B funding

Catch up on the top artificial intelligence news and commentary by Wall Street analysts on publicly traded companies in the space with this daily recap compiled by The Fly.

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$2.1B IN FUNDING: Isomorphic Labs, an AI-first drug design and development company, announced it has raised $2.1B in Series B funding. This latest round of investment will accelerate the company’s evolution from pioneering novel AI models to applying them at scale, the company said. The financing round is led by Thrive Capital, and includes participation from existing backers Alphabet and GV alongside new investors MGX, Temasek, CapitalG, and the UK Sovereign AI Fund, significantly expanding Isomorphic Labs’ global capital base. The new capital will be used for the continued development and deployment of Isomorphic Labs’ AI drug design engine, accelerating and expanding its pipeline of therapeutic programs towards the clinic. Additionally, the funding will support existing hiring targets by integrating world-class AI, engineering, drug design, and clinical talent across sites.

CLAUDE ON AWS: Amazon (AMZN) announced the general availability of Claude Platform on AWS. “Claude Platform on AWS is a new service that gives customers direct access to Anthropic’s native Claude Platform experience through their AWS account, with no separate credentials, contracts, or billing relationships required. AWS is the first cloud provider to offer access to the native Claude Platform experience,” the company explained. “With Claude Platform on AWS, you work with the same APIs, features, and console experience available through Anthropic directly.”

MASSIVE DATA CENTER PROJECT: SoftBank (SFTBY) founder Masayoshi Son has held talks with French President Emmanuel Macron about unveiling a multibillion-dollar AI data center project in the coming weeks, Bloomberg’s Min-Jeong Lee, Anto Antony, and Benoit Berthelot report. Son is considering an investment in the country as part of SoftBank’s broader buildout of AI infrastructure, according to people familiar with the matter, who add that Son has floated the idea of putting as much as $100B into the country.

DATA CENTER BATTERIES: SoftBank is partnering with South Korea’s Cosmos Lab and DeltaX to mass produce next-gen data center batteries in Sakai, Japan at a scale of 1 GWh/year from FY27, Bloomberg’s Min-Jeong Lee reports. SoftBank, which will provide neocloud services and specialized infrastructure geared for AI training in Japan, plans to invest a total Y 1T in AI-related businesses, including data centers and batteries, in the three years through March 2029.

OPENAI STAKE: Microsoft (MSFT) has already earned back more than double the capital it invested in OpenAI in terms of new revenue from services related to OpenAI’s, The Information’s Sri Muppidi and Aaron Holmes report, noting that the software giant had invested $13B in the startup.