www.lesswrong.com/posts/m9Lmsu97HZshiqQ2r/people-might-start-believing-in-radica...
1 correction found
Google has been funding Calico through Alphabet since 2013, approx ~$3.5b total
The "$3.5b" figure refers to the AbbVie–Calico collaboration, not to Alphabet/Google funding Calico by itself.
Full reasoning
The post cites a Pharmaphorum piece about AbbVie and Calico increasing the size of their partnership. Calico's own 2021 press release says AbbVie and Calico will each contribute an additional $500 million to that collaboration, which was originally established in 2014 and extended in 2018. In other words, the $3.5 billion figure is for the joint AbbVie–Calico alliance, not for Google/Alphabet's standalone funding of Calico.
A separate STAT report from 2018 likewise says the AbbVie-Calico extension then underway brought Calico's total funding to $2.5 billion, with Alphabet and AbbVie each committing $500 million in that extension. Calico's own history page says the company was launched in 2013 with long-term funding from Alphabet, but it does not say Alphabet funding totaled $3.5 billion. So the specific claim that Google/Alphabet has funded Calico for "approx ~$3.5b total" misattributes a joint AbbVie-Calico partnership figure to Alphabet alone.
3 sources
- AbbVie and Calico Announce Second Extension of Collaboration Focused on Aging and Age-Related Diseases - Calico
AbbVie and Calico will each commit to contribute an additional $500 million to the collaboration. ... This is the second extension of the collaboration originally established in 2014.
- Calico gets another $1 billion commitment from Alphabet and AbbVie
AbbVie and Google parent company Alphabet are each committing $500 million ... The extension of the collaboration between AbbVie and Calico, begun in 2014, brings Calico's total funding to $2.5 billion.
- Our Story: Taking a long-term view on tackling aging and increasing healthspan - Calico
With support from Google, Calico launched in 2013 ... A Unique Design: Calico is officially founded with long-term funding from Alphabet.