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Hippocratic AI, a generative AI firm growing safety-focused giant language fashions for healthcare, launched with $50 million in seed funding.
The funding spherical was co-led by General Catalyst and Andreessen Horowitz.
WHAT THEY DO
Hippocratic AI is constructing a big language mannequin for healthcare, initially concentrating on non-diagnostic, patient-facing functions. The corporate is specializing in certification, guaranteeing correct bedside method for affected person well-being and reinforcement studying from human suggestions (RLHF) by means of a panel of healthcare professionals.
The corporate mentioned the intention is to cut back healthcare prices, develop entry to care and enhance the availability and availability of healthcare staff.
The California-based firm was based by a staff of hospital directors, physicians, Medicare professionals, and AI researchers from Johns Hopkins, Nvidia, Washington College in St. Louis, El Camino Well being, UPenn, Stanford and Google.
“The healthcare business wants its personal AI platform, one that’s targeted on empowering the workforce, decreasing burnout, and bettering affected person security and experiences with the healthcare system. We joined forces with the Hippocratic AI staff, our well being assurance ecosystem, and the a16z staff to construct this platform. Our aim is to essentially enhance the availability and scalability of healthcare professionals. That is the important thing to attaining the well being assurance imaginative and prescient: a extra proactive, extra inexpensive, and equitable system of take care of all,” Hemant Taneja, CEO and managing director at Basic Catalyst, mentioned in an announcement.
MARKET SNAPSHOT
Hippocratic AI’s cofounder and CEO, Munjal Shah, based visible search engine Like.com, which Google acquired in 2010. Andreessen Horowitz additionally invested in Like.com.
Shah has cofounded quite a few different corporations, together with Well being Fairness Labs, which develops a FICO-type rating for well being, and Well being IQ, an AI-enabled platform that evaluations seniors’ well being information to help them in choosing a Medicare Benefit plan.
Generative AI instruments and enormous language fashions have made their method into healthcare.
In April, Google introduced that Med-PaLM 2, the tech big’s medical giant language mannequin, could be out there to pick Google Cloud clients inside weeks of its announcement to share suggestions, discover use circumstances and for restricted testing.
Med-PaLM 2 is a generative AI expertise that makes use of Google’s LLMs to reply medical questions.
The usage of GPT-4 within healthcare has additionally been closely explored and debated, with some consultants saying it’s already making an influence within the scientific setting.
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