The healthcare industry is seeing increased interest in AI innovation, with a report by Morgan Stanley projecting a near doubling of AI and machine learning spending in the sector. The report also revealed that 94% of healthcare companies are already using AI and/or machine learning in some capacity.
Key takeaways:
- Corti has raised $60 million in a Series B funding round led by Prosus Ventures and Atomico to support the growth of its AI-powered solutions for the healthcare industry.
- The company's AI system transcribes medical calls, automates paperwork, and provides real-time guidance to medical staff in certain cases.
- Corti is set to compete with tech giants like Microsoft and Amazon in the healthcare market, which has become a hotbed for AI innovation.
- A report by Morgan Stanley projects that the healthcare sector will nearly double its spending on AI and machine learning, with 94% of healthcare companies already using these technologies in some capacity.