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Hippocratic AI Receives Investment From NVentures to Collaborate on Healthcare AI Innovations

Sep 19, 2024over 1 year ago

Contract Type

partnership

Palo AltoHealth CareArtificial Intelligence

Description

Hippocratic AI announced that it has received an investment from NVentures, NVIDIA’s venture capital arm, in its extended Series A round. This partnership aims to leverage NVIDIA NIM microservices to scale its production platform and advance medical domain specialization in Large Language Models (LLMs) for healthcare.

Company Information

Company

Hippocratic AI

Location

Palo Alto, California, United States

About

Hippocratic AI has developed a safety-focused Large Language Model (LLM) for healthcare. The company believes that a safe LLM can dramatically improve healthcare accessibility and health outcomes in the world by bringing deep healthcare expertise to every human. No other technology has the potential to have this level of global impact on health. The company was co-founded by CEO Munjal Shah, alongside a group of physicians, hospital administrators, healthcare professionals, and artificial intelligence researchers from El Camino Health, Johns Hopkins, Stanford, Microsoft, Google, and NVIDIA. Hippocratic AI has received a total of $278 million in funding and is backed by leading investors, including Andreessen Horowitz, General Catalyst, Kleiner Perkins, NVIDIA’s NVentures, Premji Invest, SV Angel, and six health systems.

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Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
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Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

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