Augmedics, an augmented reality surgical navigation platform, announced it successfully won a bid to purchase the digital health assets of Surgalign and Holo Surgical for $900,000 in cash, following the spine technology company's bankruptcy.
Surgalign's digital health offerings include its HOLO Portal, an AI-driven augmented reality guidance system that allows intraoperative image-guided...
OpenAI, Google, Microsoft, and AI safety and research company Anthropic announced the formation of the Frontier Model Forum, a body that will focus on ensuring the safe and responsible development of large-scale machine learning models that are capable of surpassing the capabilities of current AI models, also known as frontier models.
The partners are looking for organizations to join the Forum...
AI-enabled surgical technology company Proprio announced it secured $43 million in Series B funding from new and existing investors, including Bird B.
WHAT IT DOES
The Seattle-based company offers an FDA-cleared surgical navigation platform dubbed Paradigm, which utilizes light field technology and artificial intelligence to generate 3D visualization of surgery, allowing for intraoperative scans...
The Google Pixel Watch, announced in March, included the addition of fall detection capabilities, which uses sensors to determine if a user has taken a hard fall and then subsequently alerts emergency services upon being prompted by the user or when no response from the user is received.
In part two of our two-part series, Edward Shi, product manager on the personal safety team of Android and...
Teletherapy company Talkspace saw its stock price rise after reporting second-quarter revenue of $35.6 million, a 19% increase over the prior year period, driven by an 82% increase in B2B revenue year-over-year and partially offset by a 41% consumer revenue decline.
The New York-based company's net loss was substantially lower in the second quarter at $4.7 million than its $23 million loss in Q2...
Healthcare insurer Blue Shield of California announced a multi-year cloud development plan with tech giant Microsoft to offer its members an integrated data hub, dubbed the Experience Cube, that runs on Microsoft's Azure cloud platform.
The Experience Cube will utilize Azure's analytics and storage capabilities to tie together near real-time member, provider and payer data, aiming to create more...
Researchers from the faculties of Engineering and IT at Monash University have come up with an AI algorithm that can judge another AI algorithm's annotation or label in a medical scan, mimicking the process of seeking a second opinion.
FINDINGS
They created a dual-view AI system where one part labels medical images while the other judges the quality of the AI-generated labelled scans by...
Octave Bioscience, a company focused on delivering precision medicine for neurodegenerative diseases like multiple sclerosis, announced it closed a $30 million extension to its Series B round.
Hikma Pharmaceuticals' venture capital arm, Hikma Ventures, participated in the round alongside Novartis (dRx Capital) and Intermountain Ventures. Existing investors Echo Health Ventures, Deerfield...
Teladoc Health stock rose Tuesday after the virtual care company reported a 10% increase in revenue year-over-year to $652.4 million from $592.4 million in the prior year.
For Teladoc Health's Integrated Care segment, revenue increased 5% year-over-year to $360.1 million, and for BetterHelp it increased 18% to $292.4 million in Q2 2023.
Revenue in the U.S. rose 8% to $561.8 million, while...
