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Isomorphic Labs, a Deepmind spin-off focused on drug discovery, is getting ready for its first clinical trials with drugs designed using AlphaFold-based AI models.

"We're staffing up now. We're getting very close," said Colin Murdoch, President of Isomorphic Labs and Chief Business Officer at Deepmind, in an interview with Fortune.

The company wants to overhaul the traditionally slow and expensive process of drug development, with anti-cancer drugs already in the pipeline. Isomorphic Labs has signed agreements with Eli Lilly and Novartis, and in 2025 closed a USD 600 million investment round led by Thrive Capital.

Looking ahead, Isomorphic Labs has even bigger ambitions for AI in medicine. "One day we hope to be able to say— well, here's a disease, and then click a button and out pops the design for a drug to address that disease," Murdoch said.

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The US government is reportedly planning new restrictions on the export of AI chips to Malaysia and Thailand, aiming to prevent suspected smuggling to China. According to Bloomberg, the Trump administration intends to update current rules so that strict controls remain in place for China and more than 40 other countries, while lifting previous global regulations on AI technology transfers.

A draft from the US Department of Commerce would let companies headquartered in the US continue supplying chips to the US and "a few dozen friendly nations" without special authorization for several months. Nvidia and officials from Malaysia and Thailand did not comment on the plans. Meanwhile, China is investing heavily in its own chip infrastructure.

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