Prime Minister Theresa May will use a speech today in Cheshire to highlight the potential of AI to diagnose cancer earlier. Cancer has a higher successful treatment rate the earlier it’s diagnosed. The later the diagnosis, the greater the risk of death or long-term debilitating effects. In her speech, Mrs May will say:
"Late diagnosis of otherwise treatable illnesses is one of the biggest causes of avoidable deaths.
The...
Medical treatments generate a huge amount of data, but so far the healthcare sector has been slow to adopt AI for processing it. That's all set to change. According to Frost & Sullivan, the AI market in healthcare could grow at a compound annual growth rate of 40 percent by 2021, potentially halving the cost of treatment. AI can help healthcare professionals in several ways. It can help to assess the diagnosis and prognosis for disease, reducing human error rates and workload. It can...
A startup which is able to detect cardiac arrests using artificial intelligence has announced it will be expanding its service to further European cities later this year. Corti has partnered with the European Emergency Number Association (EENA) to expand its service to four additional cities. The startup, based in Copenhagen, will select which cities it will expand its pilot to next in June. The pilot in Copenhagen has been a resounding success measured by the analysis released today. Based...
During a panel at the AI Tech Expo in London, we heard from several figures from professional football clubs who are using AI to get the edge over their competition both on and off the field. The panelists included Newcastle FC Sports Scientist John Fitzpatrick, Sport Lisboa e Benfica CIO Joao Copeto, and Sport Lisboa e Benfica Head of Analysis Nuno Maurício. Fitzpatrick has been with Newcastle United for around five years and has witnessed the increasing demand for IoT and AI technologies....
Israel-based nutrition data startup Nutrino has secured $8 million in a series A funding round to expand its AI-based nutrition data services across the digital health sector. With this most recent seed round, Nutrino’s total raised amounted to $10 million which will also be used to further develop its database, which is used by enterprises related to several sectors including food & beverages, digital health, and fitness. The startup says that its nutrition insights platform for...
Here’s another example of how AI is getting serious funding boosts: Medial EarlySign, an Israel-based provider of machine learning for optimal patient management, has secured $30 million in series B funding. The round was conducted by aMoon Fund, the life sciences investment arm of Marius Nacht, the co-founder of Check Point Software. With the funding’s completion, the company’s total worth is now $50 million. Medial EarlySign's machine-learning based models analyse many factors...
Atomwise, a developer of artificial intelligence (AI) solutions for drug discovery, is moving ahead in its mission to become the preferred AI partner for the world’s leading pharmaceutical, biotech, and agrochemical companies. The company has raised $45 million (£32.1m) in a series A funding round that was led by Monsanto Growth Ventures, DCVC (Data Collective), and B Capital Group. The round also comprised Atomwise’s previous investors, Y Combinator, Khosla Ventures, and DFJ, along with...
Atomwise, a developer of artificial intelligence (AI) solutions for drug discovery, is moving ahead in its mission to become the preferred AI partner for the world’s leading pharmaceutical, biotech, and agrochemical companies. The company has raised $45 million (£32.1m) in a series A funding round that was led by Monsanto Growth Ventures, DCVC (Data Collective), and B Capital Group. The round also comprised Atomwise’s previous investors, Y Combinator, Khosla Ventures, and DFJ, along...
In December, Brazilian federal auditor Luis Andre Dutra e Silva improved the accuracy of cervical cancer screening by 81 percent using the Intel® Deep Learning SDK and GoogleNet using Caffe to train a Supervised Semantics-Preserving Deep Hashing (SSDH) network. The driving factor behind the deep learning-based research that Silva and others are working on is that, as a leading cause of death, cancer affects millions of lives every year. Early detection and diagnosis can save not only billions...
A report from think tank Reform has illustrated how artificial intelligence can help to keep the NHS alive in the face of tough conditions. The UK’s health service continues to be underfunded despite an increasing number of warnings from doctors and staff. Patients lined up in corridors are now a sight often seen in hospitals up and down the country. Reform highlights 16 areas where AI can be used to improve efficiency in the NHS. Without adequate funding in sight, the recommendations...
