tech:

taffy

23andMe Buys Its First Company

[Techtaffy Newsdesk]

Personal genetics company 23andMe has purchased CureTogether. Specific terms of the transaction were not disclosed. This is the company’s first acquisition.

23andMe’s Personal Genome Service enables individuals to explore their own DNA and currently provides more than 200 health and traits reports as well as genetic ancestry information. CureTogether brings to 23andMe additional tools and systems for gathering data from health-based communities that are complementary to the existing 23andMe platforms, allowing customers to share quantitative information on more than 500 medical conditions, talk about sensitive symptoms and compare which treatments work best for them as they track their health. CureTogether’s platform includes more than 4 million phenotypic data points across those different health conditions that could help inform future genetic discoveries.

CureTogether was launched in 2008 initially to help people who live in daily chronic pain. CureTogether, like 23andMe, is supported by social Web-based platforms. Partnerships include those with researchers at universities and research institutions including Carnegie Mellon UniversityCornell University, Drexel University, MIT Media Laboratory and Stanford University.

Just in

AlphaSense raises $650M

AlphaSense, a market intelligence and search platform, has raised $650 million in funding, co-led by Viking Global Investors and BDT & MSD Partners.

Elon Musk’s xAI raises $6B to take on OpenAI — VentureBeat

Confirming reports from April, the series B investment comes from the participation of multiple known venture capital firms and investors, including Valor Equity Partners, Vy Capital, Andreessen Horowitz (A16z), Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, writes Shubham Sharma. 

Capgemini partners with DARPA to explore quantum computing for carbon capture

Capgemini Government Solutions has launched a new initiative with the Defense Advanced Research Projects Agency (DARPA) to investigate quantum computing's potential in carbon capture.

Snowflake to acquire TruEra AI observability platform

Snowflake has entered into a definitive agreement to acquire TruEra, providers of an AI observability platform. Financial terms of the transaction were not disclosed.