AI in healthcare funding hits new high

The first half of the year has been good to the healthcare space for those startup companies looking for funding, as the sector has seen a record influx of cash, according to a recent report from CB Insights.

During the first six months of 2019, healthcare companies globally raised $26.9 billion, compared to $26.5 billion during the same time period in 2018. AI-focused companies in the space also saw a new funding high during the second quarter of the year, as investors zero in on the technology’s emerging presence.

Healthcare AI companies raised $864 million during the second quarter of the year. A significant chunk of that...