(Reuters) -Eli Lilly has signed a deal worth $1.3 billion with privately held Superluminal Medicines to discover and develop small-molecule drugs through AI to treat obesity and other cardiometabolic diseases. Lilly currently dominates the obesity treatment market, which is estimated to be worth $150 billion by the next decade, and is trying to strengthen its foothold in the space through the deve ...
By Arasu Kannagi Basil, Rishab Shaju and Anirban Sen (Reuters) - Miami International Holdings notched a valuation of $2.51 billion as its shares surged 37.6% in their NYSE debut on Thursday, the first flotation in 15 years of a major U.S. financial exchange. Shares of the parent of exchange operator MIAX opened for trading at $31.65 apiece, above the $23 offer price. The Princeton, New Jersey-ba ...
Investing.com -- Meta has unveiled DINOv3, a state-of-the-art computer vision model that achieves unprecedented performance across diverse visual tasks without requiring labeled data. The new model scales self-supervised learning to create universal vision backbones that outperform specialized solutions on multiple tasks including object detection and semantic segmentation. DINOv3 was trained on 1 ...
By Nqobile Dludla GQEBERHA, South Africa (Reuters) -Toyota plans to introduce three fully-electric models in South Africa in 2026, a senior executive said on Thursday, entering a nascent EV market where Chinese rivals such as BYD are already competing with European carmakers. Volvo currently dominates EV sales in South Africa, followed by BMW and Mercedes-Benz, but Chinese EV makers are starting t ...