Reid Hoffman, co -founder of LinkedIn, became a billionaire when Microsoft bought LinkedIn in 2016 USD 26.2 billion in money, and he also earned a fortune for prime -return investments in greater than greater than 80 technological startupsincluding Airbnb, Groupon and Flickr. He is famous He earned $ 111 million From its initial investment 37,500 USD on Facebook.
Now Hoffman pays attention to artificial intelligence in healthcare with a new startup Presented last week With co -founder Dr. Siddhartha Mukherjee: Manas Ai. And this time Hoffman has deeper hopes than simply a high return on investment – he desires to help cure cancer.
Manas transfers artificial intelligence to a few of the very best scientists in the sphere of drug development on this planet to deepen their knowledge and speed up the indicator of discovering new drugs. The startup goals to unite scientists with advanced AI systems to search out out faster how potentially saving drugs can affect the human body.
Related: Reid Hoffman LinkedIn: Skale, do things that do not scale
Manas initially draws attention to aggressive cancers, equivalent to breast cancer, prostate cancer and lymphoma. His long -term vision is principally a change in the best way the industry discovers and develops new drugs.
“Most people had friends, family members, etc. who died of cancer or had serious cancer problems,” Hoffman said CNBC on Monday. “If we manage to do it, and this is something that AI can have a huge difference in, this is the reason why AI can be great for humanity.”
Reid Hoffman the Midway SF 05 December 2023 in San Francisco, California. Photo of Kimberly White/Getty Images for Wired
The startup has up to now raised $ 24.6 million seed financing, and Hoffman was conducting a funding round with Venture Capital General Catalyst. It will support its AI systems in Microsoft data centers.
Related: Reid Hoffman: To develop a company effectively, you should “expect chaos”
Mukherjee is a professor on the Columbia University and the creator of “Emperor of all diseases”, book about cancer. In 2016 he helped find Vor BiopharmaCell Engineering company, and in 2021 founded Miloidal therapeuticsStartup of anti -cancer therapy.
Manas currently has 4 employees, including Mukherjee and Hoffman, and Hoffman said that he serves as “AI Guy” of the corporate, and Mukherjee as “Bio Guy”. Manas’s goal is to unite two fields.
“This is not just the best learning and is not just the best of AI, because one of these two [is] Insufficient – said Hoffman CNBC. “You must connect these two.”
The AI health care sector recorded significant investments in 2024 according to PitchbookInvestors were poured $ 10.5 billion on 511 AI Healthcare offers in 2024. Scoring AI Startup Freeneome collected the most money from the group with a group Series F 254 million dollars In February 2024
