Nobel Prize in Chemistry Is Awarded to 3 Scientists for Work With Proteins

Published On Oct 9, 2024, 5:49 AM

The Nobel Prize in Chemistry was awarded to Demis Hassabis and John Jumper of Google DeepMind, alongside David Baker from the University of Washington, for their contributions to understanding protein structures using artificial intelligence. Their work, particularly through the AlphaFold technology, has the potential to revolutionize biological and pharmaceutical research by predicting protein shapes, crucial for understanding how proteins function and developing new therapeutic proteins. This recognition underscores the increasing importance of AI in scientific exploration.

Stock Forecasts

With the recognition of AI's role in science and potential applications in drug development and biotechnology, companies involved in AI, life sciences, and biotechnology could see increased interest and investment. Companies leveraging AI in healthcare may gain a competitive edge.

As research and development in biotechnology intensifies, companies focusing on protein engineering and synthetic biology may also attract more investments. This sector could see growth due to newfound methods for designing proteins.

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Demis Hassabis and John M. Jumper of Google DeepMind predicted protein shapes with A.I. while David Baker designed “a new protein that was unlike any other,” the committee said.

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