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Beleaguered BenevolentAI Goes Back To Its Roots

 
• By Kevin Grogan

Founder Ken Mulvany has returned to the artificial intelligence drug discovery specialist determined to ensure it plays to its “foundational strengths.” The UK firm has therefore initiated a major restructuring plan, along with the intention to delist from Euronext Amsterdam.

Benevolent
• Source: BenevolentAI

Back in the bosom of BenevolentAI, the company he founded in 2013, Ken Mulvany has announced “a major strategic overhaul” and substantial cost-cutting program to return the UK-based artificial intelligence-driven drug discovery group to its “founding techbio mission.”

Having left when the company listed on the Euronext Amsterdam stock exchange in 2022, Mulvany rejoined BenevolentAI as executive chairman in October in a move that saw CEO Joerg Moeller leave just nine months after taking up the post

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