BioStrand, IPA’s subsidiary, Reveals Major Life Sciences AI Model Breakthrough

March 7, 2024

DENVER, Colo., Mar 07, 2024 (247marketnews.com)- IPA (NASDAQ:IPA) reported, this morning, the development of a Foundation AI Model, which combines the strengths of Large Language Models (LLMs) through an advanced stacking technique with BioStrand’s patented HYFT Technology, representing a significant advancement in life sciences research and development.

Immunoprecise is trading at $ 2.15, up $0.57 (+36.08%), on 8M shares.

The integration of HYFT’s ability to pinpoint unique ‘fingerprints’ in biological sequences enables the stacked LLMs to apply their vast knowledge base with greater specificity, leading to more accurate predictions and insights, markeing a pivotal moment in the utilization of artificial intelligence for complex biological data analysis and drug discovery.

BioStrand’s Co-Founder and Head of Innovation, Dirk Van Hyfte MD, PhD, is scheduled to present findings live next week at the HIMSS24 conference in Orlando, Florida

“The development of our Foundation AI Model, powered by our unique ‘LLM stacking’ approach and patented HYFT technology, marks a significant milestone in the field of biotechnological research,” stated Van Hyfte. “This innovation not only expands the boundaries of current biotech research, but also establishes a new standard for the application of AI in solving complex biological challenges.”

“As the global community recognizes the transformative potential of artificial intelligence in the life sciences,” Hyfte continued, “I am confident that BioStrand’s Foundation AI Model will stand at the forefront of innovation and the future of AI-driven solutions in biology and drug discovery.”

Connect with 24/7 Market News @
247marketnews.com
X (formerly twitter)
Facebook

About 24/7 Market News
As a pioneer in digital financial market media, 24/7 Market News (24/7MN) is dedicated to the swift distribution of financial market news and information. 24/7 MN incorporates comprehensive corporate communications resources and tools to engage the investment community.

24/7 MARKET NEWS, INC Disclaimer
Please go to https://247marketnews.com/disclaimer/ for disclaimer information.

CONTACT:
24/7 Market News
Editor@247marketnews.com

Related news for (IPA)

NASDAQ and NYSE quotes and data are delayed 15 minutes unless indicated otherwise. Market data and exchange information are provided for informational purposes only and is not intended for trading purposes. Neither 24/7 Market News Editors, 247 Market News, or data and content providers shall be liable for any errors or omissions, delays, misquotes or other market information relayed in any press materials. You should Use Realtime data to conduct due diligence before investing or trading, and trading in any stock is risky you could lose all your money.