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Proximal Ventures raises debut fund to back startups bringing AI to drug development
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OpenAI acquires Odessia, travel startup created by Sonder founder

Proximal Ventures raises debut fund to back startups bringing AI to drug development

While established venture firms continue to attract capital, first-time fund managers are facing one of the toughest fundraising environments in years. But that didn’t stop Sahir Raoof, a former SignalFire investor and executive at two healthcare startups, from raising $27.5 million for his first solo VC fund. Raoof’s firm, Proximal Ventures, is betting that AI…

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Canada joins AI safety declaration but without ‘teeth,’ what can it do? – National

Canada has signed on to an international AI safety declaration committing companies and nations to greater information sharing and “early warning systems” to flag “serious cyber and AI control incidents.” The France-led initiative drew initial endorsements from national governments — including Japan, Norway, the Netherlands and Bahrain — as well as major U.S.-based AI companies…

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