Anthropic acquires AI biotech startup Coefficient Bio in USD 400 million deal

Anthropic has acquired AI biotech startup Coefficient Bio for approximately $400 million, as reported by The Information. This acquisition follows a controversy regarding source code leaks and is part of a broader trend where AI companies are diversifying their offerings into specialized sectors like healthcare and life sciences.

The move reflects the increasing interest in developing AI-driven solutions tailored to specific industries, highlighting the growing intersection of artificial intelligence and biotechnology in business strategies.