INSILICO (03696) rose more than 3%. As of the time of writing, the stock was up 2.73% to HK$49.7, with a turnover of HK$71.1298 million.
The increase follows an announcement of a multi-million dollar strategic collaboration. The company has partnered with the newly established Human Life Foundation Models (HLFM), a subsidiary of Human Longevity. The partnership aims to co-develop the industry's first large-scale AI foundation model specifically for human longevity science research.
Recent analysis highlights the global longevity economy, currently valued at $5.3 trillion, is projected to surge to $8 trillion by 2030. AI-powered longevity research is identified as a core growth driver within this multi-trillion dollar sector.
Under this collaboration, INSILICO and HLFM will jointly develop a super-intelligent AI foundation model. This model is designed to decode the biological mechanisms of aging and enable predictive diagnostics and treatments. Leveraging its expertise in multi-modal foundation model development and deep learning systems, INSILICO will utilize its advanced MMAI Gym framework for model training and evaluation. The company will provide systematic outputs including model architecture design, benchmark testing, training guidelines, and core computational algorithms, forming the technical foundation for the jointly developed model.