Hippocratic AI launches with $50M to construct massive language mannequin for healthcare

Hippocratic AI, a generative AI firm growing safety-focused massive language fashions for healthcare, launched with $50 million in seed funding.

The funding spherical was co-led by General Catalyst and Andreessen Horowitz. 

WHAT THEY DO

Hippocratic AI is constructing a big language mannequin for healthcare, initially concentrating on non-diagnostic, patient-facing purposes. The corporate is specializing in certification, guaranteeing correct bedside method for affected person well-being and reinforcement studying from human suggestions (RLHF) by a panel of healthcare professionals.

The corporate mentioned the purpose is to scale back healthcare prices, develop entry to care and enhance the availability and availability of healthcare employees. 

The California-based firm was based by a workforce of hospital directors, physicians, Medicare professionals, and AI researchers from Johns Hopkins, Nvidia, Washington College in St. Louis, El Camino Well being, UPenn, Stanford and Google.

“The healthcare trade wants its personal AI platform, one that’s centered on empowering the workforce, lowering burnout, and bettering affected person security and experiences with the healthcare system. We joined forces with the Hippocratic AI workforce, our well being assurance ecosystem, and the a16z workforce to construct this platform. Our purpose is to essentially enhance the availability and scalability of healthcare professionals. That is the important thing to reaching the well being assurance imaginative and prescient: a extra proactive, extra reasonably priced, and equitable system of take care of all,” Hemant Taneja, CEO and managing director at Normal Catalyst, mentioned in an announcement. 

MARKET SNAPSHOT

Hippocratic AI’s cofounder and CEO, Munjal Shah, based visible search engine Like.com, which Google acquired in 2010. Andreessen Horowitz additionally invested in Like.com. 

Shah has cofounded quite a few different corporations, together with Well being Fairness Labs, which develops a FICO-type rating for well being, and Well being IQ, an AI-enabled platform that critiques seniors’ well being data to help them in deciding on a Medicare Benefit plan. 

Generative AI instruments and huge language fashions have made their manner into healthcare. 

In April, Google introduced that Med-PaLM 2, the tech large’s medical massive language mannequin, could be accessible to pick Google Cloud prospects inside weeks of its announcement to share suggestions, discover use circumstances and for restricted testing. 

Med-PaLM 2 is a generative AI know-how that makes use of Google’s LLMs to reply medical questions. 

The usage of GPT-4 within healthcare has additionally been closely explored and debated, with some consultants saying it’s already making an influence within the medical setting.