Spark Meetup’s Post

How do you feel about the role of AI? Well good news...up to 59% of the European startup community is highly optimistic about the positioning of startups in the global AI landscape. Our co-founder, Peter Grinbergs, contributed to a new report by Google for Startups and Notion Capital that explores the impact of AI adoption on value creation, efficiency, market acceleration, and the overall positioning of startups in the global AI landscape. While challenges remain in applying AI – especially in healthcare, where data quality, ethical considerations, and regulatory complexities are concerned – leveraging cutting-edge technology is essential for staying innovative and developing effective solutions. Read the full report on "AI Adoption, Adaptation, and Creation by European Startups" ➡️ https://lnkd.in/ehK4zw5N #EQLmskcare #msk #healthtech #digitalhealth #physiotherapy

Bioptimus AI Raises $35M (Seed Round) 🧬 Bioptimus, a new generative AI startup based in Paris, is distinguishing itself with a unique focus on biology. This specialization is driven by the complexities and sensitivities associated with biological data, which differs from the data sourcing strategies of companies like OpenAI. Unlike OpenAI's shift towards licensed content, Bioptimus confronts the challenge of working with private clinical data. The startup, necessitating significant capital for GPU-based model training and recruiting top researchers, has raised a $35 million seed round. This funding is led by Sofinnova Partners, with contributions from various investors including Bpifrance’s Large Venture fund and Cathay Innovation. Jean-Philippe Vert, serving as the co-founder and executive chairman of Bioptimus, brings his experience as the chief R&D officer at Owkin, a French biotech unicorn. Alongside him is CTO Rodolphe Jenatton, a former senior research scientist at Google, and several co-founders from Google DeepMind. Bioptimus will benefit from Owkin's collection of multimodal patient data acquired through global academic hospital partnerships, providing a robust foundation for its AI models. Bioptimus can be seen as an offshoot of Owkin, a decision driven by the resource-intensive nature of developing foundational AI models. Owkin supports Bioptimus, recognizing the advantage of a dedicated entity for such an ambitious project. This approach allows Bioptimus to focus solely on foundational models in biology. With a partnership already established with Amazon Web Services, Bioptimus is poised to train its model using AWS's infrastructure. The company's goal is to leverage AI in enhancing disease diagnosis, precision medicine, and the development of new biomolecules for medical and environmental applications. 🟪 Follow Quality AI News: Treky #ai #biology #tech #biotech #startup

🔍 Did you know the future of healthcare is being shaped by AI? 🚀 Imagine this: cutting-edge technology that's revolutionizing patient care, diagnostics, and even treatment plans. Curious? Discover the top healthcare startups leading the way in generative AI. These trailblazers have been selected by AIM Research as the ones to watch in 2024. 🌟 Here’s why they stand out: - **Innovative Diagnostics**: AI that identifies illnesses faster than traditional methods. - **Personalized Treatment**: Tailored healthcare plans powered by AI. - **Efficiency Boost**: Streamlining operations to provide quicker and more accurate services. 💡 Fun Fact: The healthcare AI market is expected to grow at a CAGR of 50% by 2027. As someone deeply entrenched in AI and automation, I've seen firsthand how these technologies are transforming industries—and healthcare is no exception. Ready to dive deep into the future of healthcare? Check out the full article here: [14 Fastest-Growing Generative AI Startups](https://lnkd.in/d8xHRJs2) 📈 What are your thoughts on AI in healthcare? Share in the comments! Let's discuss how generative AI can redefine our approach to medical innovation. 🚑✨ --- Need help integrating AI into your business? Reach out, and let's explore the possibilities!

Iris.ai, led by Jacobo Elosua and Victor Botev, leading AI startup in Europe, raised €7.64M in Series A funding, led by Silverline Capital and the European Innovation Council Accelerator Fund, bringing its total funding to €16M. Iris.ai addresses the overwhelming volume of published research faced by R&D departments using proprietary scientific language models and a generative AI module. With the new funding, Iris.ai aims to further develop its RSpace solution, enhancing its factual accuracy and streamlining research processes for corporations and universities. #DeepTech #AIResearch #InnovationFunding #TechInvestments #EuropeanStartups #AIForScience #DataScience #AIModels #TechDevelopment #ScientificTools #FutureOfAI #ResearchSolutions #SmartTech #NextGenAI #TechEcosystem #AIAdvancements #ResearchEfficiency

Vitaly Charushin Workshop at Paris City Hall: Discussing AI and Consciousness. On November 14, Paris City Hall hosted a workshop organized by Creative Cluster, dedicated to exploring artificial intelligence and consciousness. Led by Vitaly Charushin as part of Innovation Day, the event marked the second edition of the public research project aimed at fostering open dialogue on the ethical, social, and philosophical aspects of AI. 🔹 Key Topics: • Differences between human consciousness and AI-driven decision-making. • How AI impacts human relationships and transforms the job market. • Opportunities for startups: leveraging AI technologies to boost efficiency and productivity. The workshop brought together startup founders, experts, and innovators to discuss how AI is shaping the future and its influence on society. #CreativeCluster #ArtificialIntelligence #Innovation #Startups

Have you recently come across amazing ways to use AI for good? Either by a startup or a more mature company? Please share here! We would love to hear about it. Keith Ippel, Nathan Percy, Shantanu Mehta and I are constantly blown away when reviewing deal flow Spring Collective by some of the ways AI is leveraged by founders in the impact space. Yet, there is also so much to learn and to be cautious about with AI. I am sharing this fascinating conversation between CBC @Matt Galloway and Yoshua Bengio that aired last week. Prof Yoshua Bengio helped to create artificial intelligence, and now he wishes he’d included an off switch. The Montreal computer scientist explains why he’s worried about the rapidly developing technology, and how it could be reined in. He shares: - How much faster AI has developed than anticipated, especially as AI mastered human language so quickly - How he sees the most potential in AI to advance other sciences and engineering - He also touches on how some considerations for investors in AI and how time horizons should be considered - The potential threat to democracy and man-kind - And how Canadian scientist who are leading the way in AI have a unique chance to make AI a force for good. Give it a listen here (just 20 minutes)! 🎧 https://lnkd.in/gzpiyJBH I wanted to share some super innovative startups that are embracing full on the power of AI. Three examples that jump to mind: - Heal Mary founder Cassandra Hui (She/Her) and the potential for AI to support cancer patients and clinical trials. - ManagingLife founder Tahir Janmohamed and helping people living with pain communicate with the doctors in all languages - My Well Self founder Brenda A. using AI to make the most of well-being treatment and dollars! Check them out and let us know what you think! Yes to reining in AI but also yes supporting those impact founders who are revealing the full potential for AI and making it a force for good! #AI #impactinvesting #community #startups #innovation #healthinnovations

Stanford AI Luminary Ventures into 'Spatial Intelligence' Entrepreneurship #AI #AIScientist #AItechnology #AndreessenHorowitz #artificialintelligence #DrFeiFeiLi #Education #Healthcare #industryinterest #llm #machinelearning #RadicalVentures #spatialintelligence #Stanford #startup #threedimensionalvisualdata #transformativeAIapplications

On April 7th and 8th, at the 13th Congress of Young Scientists of ITMO University, I presented two of my research papers: - "Using Artificial Intelligence to Mitigate Negative Effects of Information Asymmetry in the Labor Market of Innovative Industries" - "Enhancing Startup Staffing Efficiency through Objective Competency Assessment of Hired Specialists" The first paper discusses using AI to address information asymmetry in the labor market and proposes solutions through semantic analysis of documents generated by specialists. The second paper explores ways to improve staffing efficiency by objectively assessing competencies of hired specialists, enhancing the company's innovation potential through AI-based competency assessment mechanisms. You can find the abstracts here: - https://lnkd.in/e2qwYj5W - https://lnkd.in/e8JbWTJJ #ArtificialIntelligence #LaborMarket #Innovation #Startup #CompetencyAssessment #ITMOUniversity

Google Spotlights 24 Startups Using AI to Transform Healthcare Google for Startups has unveiled the 24 startups selected for the 2024 edition of the Growth Academy: AI for Health initiative. The program aims to support promising businesses in Europe, the Middle East, and Africa (EMEA) that are leveraging artificial intelligence (AI) to revolutionize medical research and healthcare delivery. Among the selected startups are Kenya’s […] More The post Google Spotlights 24 Startups Using AI to Transform Healthcare appeared first on Tech In Africa. https://lnkd.in/gM7WRpiv

I have just read the news about Hippocratic AI, a leading health tech startup, that has achieved a $500mn valuation, indicating its potential to revolutionize patient care through generative AI. Hippocratic AI is spearheading the development of AI "agents" to enhance low-risk, patient-centric healthcare delivery. Their recent fundraising round, totaling $53mn, was led by venture firms General Catalyst and Premji Invest, with participation from Andreessen Horowitz and SV Angel, bringing the total investment in Hippocratic AI to $120mn. Additionally, their partnership with NVIDIA highlights their commitment to providing real-time AI-driven solutions. However, challenges remain, such as the current average response time of 9 seconds for AI doctors, which poses limitations in live conversations. In general, the rapid advancement of Generative AI is accelerating the development of health tech. This progress is particularly noteworthy given the traditional nature of the medical field. As healthcare continues its digital transformation, the question arises: would you entrust AI doctors and their prescriptions with your health? #HealthTech #AI #Innovation #Startups