Hippocratic AI, a generative AI firm creating safety-focused giant language fashions for healthcare, launched with $50 million in seed funding.
The funding spherical was co-led by Common Catalyst and Andreessen Horowitz.
WHAT THEY DO
Hippocratic AI is constructing a big language mannequin for healthcare, initially concentrating on non-diagnostic, patient-facing purposes. The corporate is specializing in certification, guaranteeing correct bedside method for affected person well-being and reinforcement studying from human suggestions (RLHF) by way of a panel of healthcare professionals.
The corporate mentioned the purpose 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 workforce 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 workforce, our well being assurance ecosystem, and the a16z workforce to construct this platform. Our purpose 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 Common Catalyst, mentioned in a press release.
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 firms, together with Well being Fairness Labs, which develops a FICO-type rating for well being, and Well being IQ, an AI-enabled platform that opinions seniors’ well being information to help them in choosing a Medicare Benefit plan.
Generative AI instruments and huge language fashions have made their manner into healthcare.
In April, Google introduced that Med-PaLM 2, the tech large’s medical giant language mannequin, can be out there to pick Google Cloud clients inside weeks of its announcement to share suggestions, discover use instances and for restricted testing.
Med-PaLM 2 is a generative AI know-how that makes use of Google’s LLMs to reply medical questions.
Using GPT-4 inside healthcare has additionally been closely explored and debated, with some specialists saying it’s already making an affect within the scientific setting.