Shein raises $2B at a ~33% markdown, Google launches AI biotech tools, Zoom partners with Anthropic
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WSJ sources: Shein, the Singapore-based fast-fashion retailer, raised $2B led by Sequoia, General Atlantic, and UAE's Mubadala, cutting its valuation by 1/3 to ~$66B; Shein generated ~$23B in revenue and ~$800M in net profit last year - Link Google Cloud launched two AI-powered tools to help biotech companies fast-track drug discovery and precision medicines; the software is already in use by Pfizer, Cerevel Therapeutics, and Colossal Biosciences -
Shein raises $2B at a ~33% markdown, Google launches AI biotech tools, Zoom partners with Anthropic
Shein raises $2B at a ~33% markdown, Google…
Shein raises $2B at a ~33% markdown, Google launches AI biotech tools, Zoom partners with Anthropic
WSJ sources: Shein, the Singapore-based fast-fashion retailer, raised $2B led by Sequoia, General Atlantic, and UAE's Mubadala, cutting its valuation by 1/3 to ~$66B; Shein generated ~$23B in revenue and ~$800M in net profit last year - Link Google Cloud launched two AI-powered tools to help biotech companies fast-track drug discovery and precision medicines; the software is already in use by Pfizer, Cerevel Therapeutics, and Colossal Biosciences -