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The company announced the appointments of numerous individuals to its executive team and will use the funds to expand its partnerships and oncology platform.
The company will use the funds to prepare for commercialization in the U.S., enhance its platform and seek FDA clearance for its VERAFEYE platform.
Leaders in digital health foresee investors having a high bar for funding in 2024, looking toward companies with proven modalities and a clear pathway to profitability.
At the HIMSS AI Conference in San Diego, panelists discussed the steps needed to strategically incorporate AI into the healthcare setting.
Healthcare organizations and technology companies must work together to ensure responsible and ethical AI use and to explore the true benefits of AI.
Also, BetterSpace in India has received pre-seed funding to develop mobile mental health games.
Also, an ear health awareness app for indigenous children has received $1 million in funding from the Western Australia government.
The two models of MedLM are built on the tech giant's medical LLM Med-PaLM 2, with one designed for complex tasks and the other for scaling across various tasks.
Digital health stakeholders said that AI will be used next year to help ease administrative tasks for providers, improve clinical trial participation and increase transparency in healthcare.