Business Intelligence

More than 30 major companies and organizations including Google, FitBit and the Federation of State Medical Boards announced April 4 they’re joining the Consumer Technology Association’s (CTA) new initiative on AI in healthcare.

Amazon’s virtual assistant is now HIPAA-compliant, the company said April 4 in a blog post announcing the launch of six new Alexa skills designed to help consumers manage their healthcare.

Google has dissolved its AI ethics board just a week after it was founded to guide “responsible development of AI” within the company.

Artificial intelligence startup Run:AI secured $13 million in funding this month for its high-tech training solution for deep learning models, the company announced April 3.

In a first step to develop a set of AI-specific rules and regulations, the FDA released a discussion paper April 3 detailing how it plans to vet and approve AI medical devices without compromising quality or patient safety.

Two United Nations agencies have joined forces to create the Focus Group on Artificial Intelligence for Health (FG-AI4H)—a group of global representatives the UN hopes will help shape a streamlined, transparent process for vetting AI technologies in the healthcare space.

CMS has launched an AI challenge that’s incentivizing innovators to develop solutions for a range of administrative challenges, like predicting unplanned hospital admissions and adverse events, the agency announced March 27.

Healthcare company Invistics debuted its newest software March 21—a system that’s more than 90 percent effective in detecting missing drugs from a hospital’s supply.

Hacker accessibility and the potential for security breaches weigh heavily on the development of successful AI systems, but a more pressing threat might lie with healthcare regulators like insurance providers and billing companies, the New York Times reported of a Science study March 21.

Anthem Blue Cross is collaborating with Stanford to launch the AI for Health Affiliation program, a corporate affiliates program within the Stanford Department of Computer Sciences that will fund research on how AI can improve the efficiency and value of Anthem Blue Cross and its health plans.

NVIDIA this week announced plans to buy chipmaker and its collaboration partner Mellanox Technologies for $6.9 billion. The move by the graphics chip giant seeks to help it push into the growing market for data center components by adding to chips that help speed the flow of information across servers.

A report released by Portland-based firm Big Market Research on March 6 projects the artificial intelligence in medicine market will grow to $18.12 billion by 2025, advancing at a compound annual growth rate (CAGR) of 49.6 percent.