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Tech Giants Just Dropped Half a Billion to Kill Your Next Cold

Stripe, Anthropic, and OpenAI are betting $500M on Intercept, a new nonprofit aiming to eliminate respiratory viruses like the cold and flu. The economics of sniffles are worse than you think.

Sophia Brennan
Sophia Brennan
·2 min read·3 views

Originally reported by MIT Technology Review · Rewritten for clarity and brevity by Brightcast

Ever feel like you spend 5% of your life in a snotty, coughing haze? You're not wrong. The average person does. And apparently, that's 5% too much for some of the biggest names in tech.

Stripe, Anthropic, and OpenAI, among others, have just poured a cool $500 million into a new nonprofit called Intercept. Their mission? To make respiratory viruses — yes, even the common cold — a thing of the past. Because apparently that's where we are now: billionaires are coming for your sniffles.

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The Absurdity of the Sneeze

Think about it: we've got AI that can write poetry, but we're still stuck with the same old advice for a cold: "drink fluids and try not to breathe on anyone." Pharmaceutical companies haven't exactly been sprinting to find a cure for something caused by over 200 different viruses. Not exactly a blockbuster drug waiting to happen, financially speaking.

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Enter Nan Ransohoff, a Stripe executive leading this audacious charge. She points out that while everyone accepts colds and flu as an unavoidable part of life, maybe they don't have to be. Because while drug companies are busy chasing the next big profit, the tech world is looking at it like a software bug that just needs to be patched.

Stripe, founded by the Collison brothers, has a history of backing projects that are technically possible but lack immediate commercial incentive. They’ve already thrown $1.8 billion at carbon removal. Now, they're setting their sights on your perpetually congested sinuses.

From COVID to Cold War

The idea for Intercept sprung from conversations between Ransohoff and David Veesler, a structural biologist at the University of Washington. Veesler was a key player in the rapid development of COVID-19 vaccines, and he believes modern scientific tools — like RNA drugs, advanced antibodies, and computational protein design — mean we can now tackle many viruses at once. Imagine a nasal spray that deploys tiny, virus-grabbing proteins. Because, why not?

Intercept isn't just dreaming of individual treatments. They're also eyeing large-scale air-cleaning systems for public spaces. Think strong UV light zapping viruses in schools and offices, much like cities filter drinking water. Because if we can purify our water, why not our air? It’s both impressive and slightly terrifying.

With Peter Marks (formerly of the FDA) and Moncef Slaoui (who led Operation Warp Speed) on board as advisors, this isn't some fringe science experiment. It's a serious attempt to rewrite our biological destiny, backed by some very serious money from the likes of Bill Gates, Flu Lab, and traders from Jane Street Capital. The US government's virus research budget hasn't exactly been soaring, leaving a vacuum for private philanthropy to step in.

Veesler, for his part, is just happy someone's finally willing to challenge the status quo. Because while the sheer diversity of viruses has always been a research deterrent, perhaps a half-billion-dollar nudge from tech's brightest minds is exactly what we needed to finally stop sniffling our way through life.

Brightcast Impact Score (BIS)

This article details a significant new initiative to tackle respiratory infections, including the common cold and flu, with substantial funding and a novel, multi-pronged approach. The potential impact is global and long-lasting, aiming for complete elimination of these viruses. While the initiative is new, the scientific basis for its approaches is well-established.

Hope34/40

Emotional uplift and inspirational potential

Reach28/30

Audience impact and shareability

Verification18/30

Source credibility and content accuracy

Significant
80/100

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Sources: MIT Technology Review

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