HK Stock Market Move | INSILICO (03696) rose more than 5%, collaborating with Saudi Aramco to build a process-oriented AI screening and validation system Sanity Pipeline.

INSILICO (03696) rose by more than 5%, as of the time of writing, it rose by 4.28% to HKD 47.8, with a turnover of HKD 263.82 million. On the news front, on May 21, according to INSILICO's official WeChat account, the company signed a strategic cooperation agreement (MoU) with Saudi Aramco during the 2023 LEAP Technology Conference to empower AI-driven sustainable development and anti-aging research. Regarding the Nobel Prize-winning metal-organic framework (MOF) material design, INSILICO and Saudi Aramco have collaborated to build the streamlined AI screening and validation system, Sanity Pipeline, aiming to enhance the research and development speed and accuracy of MOFs. The relevant results have recently been published on ChemRxiv. Sanity Pipeline combines efficient pre-screening and in-depth validation, with core models jointly developed by both parties, including the tool LibCIF for efficient MOF decomposition and structural analysis, and the detector OxiChecker for identifying oxidation state anomalies.