
Biotech startups have maintained steady investment levels, with global funding ranging from $36 billion to $40 billion, even as AI funding surges. AI-focused biotech companies, like Isomorphic Labs, have secured significant investments, with a $2.1 billion Series B round marking the largest for any biotech this year. The sector continues to see early-stage investments and IPOs, suggesting a robust pipeline. Despite the AI investment boom, biotech remains a stable and promising field for investors.
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© TechCrunch AIxAI's attempt to dismiss the NAACP's Clean Air Act lawsuit failed after a federal judge ruled that its gas turbines are not exempt mobile sources and that plaintiffs have standing. This legal setback confirms that AI infrastructure operators cannot bypass environmental permitting by classifying heavy industrial equipment as temporary or mobile. The ruling forces xAI to face scrutiny over air quality impacts at its Colossus data center, setting a precedent for how large-scale compute facilities are regulated under existing environmental laws.
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