🗞️ Meta’s Rx glasses

Q: Eli Lilly strikes $2.75B deal with Insilico Medicine for AI-developed drugs, with Insilico having cr

Eli Lilly strikes $2.75B deal with Insilico Medicine for AI-developed drugs, with Insilico having created 28 GenAI drugs already in clinical stages.

Q: Meta launches prescription Ray-Ban smart glasses this week targeting billions of prescription wearer

Meta launches prescription Ray-Ban smart glasses this week targeting billions of prescription wearers, while testing multiple Avocado AI variants including a 9B model.

Q: Physical Intelligence seeks $1B funding at $11B+ valuation as xAI loses its last original cofounder

Physical Intelligence seeks $1B funding at $11B+ valuation as xAI loses its last original cofounder Ross Nordeen, ending Elon's founding team.

Bay Area Times·Monday, March 30, 2026·6 min read

AI/ML Technology Business

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AI Summary

This tech newsletter covers major AI and business developments including Eli Lilly's $2.75B AI drug development deal with Insilico Medicine, Meta's upcoming prescription Ray-Ban smart glasses launch, and xAI losing its last original cofounder. The newsletter also discusses Physical Intelligence seeking $1B funding at $11B+ valuation and various AI model developments including Meta's Avocado variants.

Key Facts

✓Eli Lilly strikes $2.75B deal with Insilico Medicine for AI-developed drugs, with Insilico having created 28 GenAI drugs already in clinical stages.

✓Meta launches prescription Ray-Ban smart glasses this week targeting billions of prescription wearers, while testing multiple Avocado AI variants including a 9B model.

✓Physical Intelligence seeks $1B funding at $11B+ valuation as xAI loses its last original cofounder Ross Nordeen, ending Elon's founding team.

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