tech:

taffy

Silicon Valley Heavyweights Start $3M Breakthrough Prize

[Techtaffy Newsdesk]

Silicon Valley heavyweights Art Levinson (chairman of the board at Apple, and chairman and former CEO of Genentech), Sergey Brin (co-founder, Google), Anne Wojcicki (co-founder of 23andMe, and wife of Mr. Brin) , Mark Zuckerberg (founder chairman, and CEO of Facebook), Priscilla Chan (wife of Mr. Zuckerberg) and Yuri Milner (founder of Digital Sky Technologies) have come together to start  the Breakthrough Prize in Life Sciences.

There will be five annual prizes of $3 million each. (The Nobel Prize amounts for 2012 is $1.2 million, in case you were wondering). Beyond the five years, the founding sponsors may continue their awards, and there may be others joining in, as well.

Sergey Brin: Curing a disease should be worth more than a touchdown.  

Art Levinson, will serve as the chairman of the board at the Breakthrough Foundation. Additional directors will include Anne Wojcicki , Mark Zuckerberg and Yuri Milner.

The Breakthrough Prize will recognize excellence in research aimed at curing intractable diseases and extending human life. The prize will be administered by the Breakthrough Prize in Life Sciences Foundation, a not-for-profit organization.

The first 11 recipients of the Breakthrough Prize are:

 

 

Just in

Vercel raises $250M

San Francisco-based Vercel, a frontend cloud platform provider, has secured $250 million in Series E funding, bringing the company's valuation to $3.25 billion.

Worky raises $6M (Mexico)

Mexico City-based Worky, a provider of HR and payroll software solutions for Mexican companies, has closed a $6 million Series A financing round.

Amazon announces $1.31B investment in France

Amazon has announced a new investment of about $1.31 billion (€1.2 billion) in France, which the company says will lead to the creation of over 3,000 permanent jobs in the country.

Amazon Web Services CEO Adam Selipsky to step down — CNBC

Adam Selipsky, CEO of Amazon’s cloud computing business, will step down from his role next month. Matt Garman, senior vice president of sales and marketing at Amazon Web Services, will succeed Mr. Selipsky after he exits the company June 3, writes Annie Palmer. 

Palo Alto Networks, Accenture expand alliance to offer generative AI services

Palo Alto Networks and Accenture have announced the expansion of their strategic alliance to provide new offerings that combine Palo Alto Networks' Precision AI technology with Accenture's secure generative AI services.