The $20 million deal gives the chip supplier a toehold in the life-sciences market, a strategy it plans to replicate in other industries.

AMD will also partner with the company to support its research efforts. Absci launched in 2011 to develop proteins with therapeutic applications. In 2018, the company debuted a system called SoluPro that uses bacteria cells to manufacture such proteins.

AI drug creation company Absci Corporation (NASDAQ:ABSI) shares are trading higher in premarket on Wednesday after the company entered into a strategic collaboration with Advanced Micro Devices Inc (NASDAQ:AMD) to enhance its AI drug discovery capabilities.

AMD promised eventual “mobile gaming dominance” back in 2022, and it feels like we’re getting closer every day. Today, the company is announcing not one, not two, but three different families of chips designed to take it there, including final confirmation of the long-rumored “Strix Halo” and “Fire Range” laptop chips.

The new Ryzen AI Max chipsets were codenamed “Strix Halo” and offer powerful gaming, content creation, and AI performance across the full APU. With up to 128GB of memory on package that can be allocated between the CPU, GPU, or NPU as needed, the Ryzen AI Max chipset is an absolute beast of a processor.

To say that CES was a PC show this year is an understatement. We spent time with dozens of laptops in Las Vegas, and these are our favorites across nine key categories.