Artificial intelligence startup Ambience Healthcare mentioned Tuesday it raised $70 million in a Series B funding spherical to “give every healthcare worker AI superpowers.”
Existing traders Kleiner Perkins and the OpenAI Startup Fund led the San Francisco startup’s new funding spherical, with participation from Andreesen Horowitz and Optum Ventures. The spherical was pre-emptive, Ambience Healthcare CEO Mike Ng informed Reuters.
Ambience Healthcare supplies a set of software program instruments for hospitals and different healthcare organizations, powered by massive language fashions, the identical underlying know-how behind Microsoft-backed OpenAI’s hit ChatGPT chatbot.
ChatGPT, which was launched in late 2022, made generative AI a sensation with its skill to pen sonnets and write emails, however many imagine its actual financial worth lies in enterprise functions like healthcare, finance and regulation. For occasion, Google has launched generative AI fashions devoted to healthcare.
Ambience Healthcare’s flagship product, AutoScribe, is a real-time AI medical scribe used to generate medical notes. Other merchandise help in creating after-visit summaries, referrals to specialists and guaranteeing medical information correspond to billing codes.
The firm’s cofounders declined to present specifics on what massive language mannequin supplier they’re utilizing to energy their resolution. They did say they’ve custom-made, or “fine-tuned” their AI by medical specialty, so the product can cowl a variety of specialties and subspecialties.
Ambience Healthcare is at the moment deployed at organizations like University of California, San Francisco, John Muir Health and Memorial Hermann Health System, the corporate mentioned.
Source web site: www.hindustantimes.com
