
OpenAI Explores Medical ChatGPT, MIT Develops AI for 3D Genomic Calculation & much more
Hi there,
In this edition of Life AI Weekly, we're diving into the latest advancements in AI technology within the healthcare sector. Oregon is making headlines with a new bill that aims to restrict the use of the title 'nurse' to human professionals only, amidst the rise of AI health assistants. Meanwhile, Medsender has successfully secured $5 million in Series A funding, which will be used to enhance their AI-driven healthcare communication platform.
Additionally, Datar Cancer Genetics has launched Exacta AI, a new tool designed to improve cancer treatment outcomes. On the innovation front, Drive Health has introduced Nurse Avery, an AI health assistant, to support healthcare providers. These developments highlight the growing integration of AI in healthcare, promising to reshape patient care and medical practices.
Business, Investments & Partnerships
Waterlily, a San Francisco-based fintech company, has secured $7 million in seed funding led by Brewer Lane Ventures to enhance its AI-driven long-term care planning services. The National Reconstruction Fund Corporation of Australia has allocated $32 million to Harrison.ai, a Sydney-based startup specializing in AI for medical diagnostics. Suki has received investment from Zoom Ventures to enhance AI integration in healthcare, focusing on AI-driven clinical notes for Zoom's Workplace for Clinicians.
- Waterlily Raises $7M for AI Long-Term Care Planning
- Australia Invests $32 Million in AI Medical Startup Harrison.ai
- Suki Secures Investment from Zoom Ventures
- Press Ganey Partners with Microsoft for AI in Healthcare
- AIRS Medical Appoints New Leaders for Global AI Healthcare Expansion
- Troy Tazbaz Resigns from FDA's Digital Health Center
- NextGen Healthcare Appoints New Chief Data and Analytics Officer
- PointClickCare Joins Coalition for Health AI
- Andreessen Horowitz Invests $50 Million in Echo Neurotechnologies
- MintNeuro Secures £17M ARIA Funding for Neural Tech
- Affineon Health Secures $5 Million for AI Solutions
- Akina Secures CHF 2.8 Million for AI Physiotherapy Expansion
Drug Discovery
OSE Immunotherapeutics and Scienta Lab have partnered to use AI for modeling inflammatory diseases and identifying biomarkers for immunotherapies. Researchers from the Ragon Institute and MIT have developed MUNIS, an AI tool for predicting CD8+ T cell epitopes to accelerate vaccine development. Ryght AI and Cancer Research South Australia (CRSA) are collaborating to enhance cancer clinical trials with AI technology. Lantern Pharma has advanced its AI platform, RADR, to identify targets for antibody-drug conjugates in cancer treatment. Chugai Pharmaceutical, SoftBank Corp., and SB Intuitions Corp. are collaborating on using generative AI in drug development to improve clinical processes and reduce costs.
- OSE Immunotherapeutics Partners with Scienta Lab for AI in Immunotherapy
- AI Tool MUNIS for Vaccine Development
- Ryght AI and CRSA Partner for Cancer Trials
- Lantern Pharma Enhances AI for Cancer Drug Development
- Chugai, SoftBank, SB Intuitions Collaborate on AI for Drug Development
Research & Data
Cognizant has announced an expanded agreement with Medidata to enhance support for life sciences clients by leveraging AI-powered technologies to improve clinical trial development. A study reveals that a multimodal machine learning model using coronary computed tomography angiography and cardiac MRI data predicts major adverse cardiovascular events with 86% accuracy in patients with obstructive coronary artery disease. Researchers at the Massachusetts Institute of Technology have created a generative AI model that predicts 3D DNA structures in minutes, enhancing the analysis of chromatin and gene expression.
- AI Model Predicts Cardiovascular Events in CAD Patients
- Cognizant and Medidata Expand Partnership
- MIT Develops AI for Rapid 3D Genomic Structure Calculation
- GridGain Introduces AI Platform with Unified Capabilities
Biotech
Cleveland Clinic Genome Center researchers have utilized AI to identify genetic factors in Parkinson’s disease and explore drug repurposing opportunities. Google's X has launched Heritable Agriculture, a startup using AI to enhance crop yields through plant genome analysis. MYndspan and BIOS Health are collaborating to improve access to precision neuroscience by combining MEG brain scans with AI-driven neural data analysis.
- AI Identifies Genetic Factors in Parkinson’s
- Google's X Launches Heritable Agriculture
- MYndspan and BIOS Health Collaborate on Neuroscience
- Axtria Introduces AI Tool for Faster Clinical Reports
- Biologics CDMO Market to Grow by USD 16.32 Billion by 2029
Healthcare Tech
Medsender raised $5 million in Series A funding to enhance its AI-powered workflow platform. Datar Cancer Genetics launched Exacta AI for personalized cancer treatment. Drive Health introduced Nurse Avery, an AI health assistant, in collaboration with Google Public Sector.
- Oregon Bill to Restrict 'Nurse' Title to Humans
- Medsender Secures $5 Million Series A Funding
- Datar Cancer Genetics Launches Exacta AI for Cancer Treatment
- Drive Health Introduces AI Health Assistant Nurse Avery
- Ovum.AI Secures $1.7M for Women's Health AI Assistant
- OpenAI CEO Explores Medical ChatGPT and Robotics in South Korea
- webAI and ŌURA Collaborate for On-Device AI in Health Insights
- RapidAI's Lumina 3D AI Imaging Solution Cleared by FDA
- RAD Expands AI Security in US Hospitals
- Abridge's AI Tool for Emergency Departments
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