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This Beaten-Down Artificial Intelligence (AI) Stock Just Got Some Great News: Time to Buy? [Yahoo! Finance]

Recursion Pharmaceuticals, Inc. - Class A (RXRX) 
Company Research Source: Yahoo! Finance
The U.S. Food and Drug Administration (FDA) recently announced it would phase out animal testing in drug development in favor of other methods, including AI-based testing. That's good news for Recursion Pharmaceuticals (NASDAQ: RXRX) , a biotech company that's already pioneering the use of AI in drug development. Recursion's shares soared on the news, but the stock remains down significantly over the trailing-12-month period. Should investors purchase shares today? Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » Recursion Pharmaceuticals built the largest AI supercomputer in the pharmaceutical industry with the help of tech giant Nvidia . The company's operating system (OS) features a library of human genes, and helps predict whether various clinical compounds would effectively treat certain diseases. The most promising compounds get to move on to clinical trials. It can take a while for dru Show less Read more
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