Yahoo Finance July 2, 2024
Major companies are moving at high speed to capture the promises of artificial intelligence in healthcare while doctors and experts attempt to integrate the technology safely into patient care.
“Healthcare is probably the most impactful utility of generative AI that there will be,” Kimberly Powell, vice president of healthcare at AI hardware giant Nvidia (NVDA), which has partnered with Roche’s Genentech (RHHBY) to enhance drug discovery in the pharmaceutical industry, among other investments in healthcare companies, declared at the company’s AI Summit in June.
Other tech names such as Amazon (AMZN), Google (GOOG, GOOGL), Intel (INTC), and Microsoft (MSFT) have also emphasized AI’s potential in healthcare and landed partnerships aimed at improving AI models.
Growing demand for more efficient...
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