Healthcare Innovation September 19, 2025
Fawad Butt, CEO of Penguin Ai, talks about ‘agent wars’ developing between payers and providers
Key Highlights
Penguin Ai, a startup that has built an AI-based platform designed to streamline administrative inefficiencies in healthcare, has pulled in $29.7 million in venture funding to pay for product development and to scale up deployments with payers and providers. Fawad Butt, founder and CEO of Penguin Ai and former chief data officer of UnitedHealthcare, Kaiser Permanente and Optum, recently spoke with Healthcare Innovation about the transition taking place to the new world of agentic AI.
The Palo Alto, Calif.-based company says its flagship platform combines task-specific small language models (SLMs), digital workers and agents, with a healthcare-specific AI platform to streamline processes such...
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