Senior-focused technology company Intuition Robotics, which offers an AI-powered care companion robot for seniors experiencing loneliness, announced it closed a $25 million funding round, which includes $20 million in venture capital and $5 million in debt.
The round was led by Woven Capital, the growth fund of Toyota, with participation from OurCrowd, Toyota Ventures, Western Technology...
Flinders University researchers have developed a virtual reality-based programme to encourage people with intellectual disabilities to do regular physical exercises.
WHAT IT'S ABOUT
According to a media release, they have recruited 16 volunteer participants from the Bedford Group – a major employer of people with intellectual disabilities in Australia, to join the eight-week exercise programme...
NASA announced that four astronauts will launch to the International Space Station (ISS) by August 25 on a six-month science expedition to perform research to improve healthcare options on Earth.
Launched from the Kennedy Space Center, NASA's SpaceX Crew-7 astronauts will bring multiple research investigations sponsored by the ISS National Lab.
Among the various studies, researchers from the...
California-based AI drug discovery startup Genesis announced it scored a whopping $200 million in an oversubscribed Series B funding round, bringing its total raise to $280 million.
The company also announced that approximately $24 million of SAFE notes from a prior funding round were converted amid the closing of the Series B round.
Andreessen Horowitz and a "U.S.-based life sciences-focused...
California-based Mendaera, a healthcare robotics company, announced that it had secured $24 million in Series A funding, led by Lux Capital.
Operator Partners, Founders Fund and Allen & Company participated in the round, alongside investors Auris Health founder Dr. Fred Moll, Intuitive Surgical and former U.S. Senator Bob Kerrey.
WHAT IT DOES
Mendaera completed the research and design...
Artificial intelligence and large language model use have grown within healthcare, and questions arise about who can claim ownership of the intellectual property associated with solutions developed utilizing these emerging technologies.
Dr. Terri Shieh-Newton, intellectual property attorney, immunologist and member of the law firm Mintz, established the Life Sciences Artificial Intelligence...
Duke Health and Microsoft announced a five-year partnership to examine the potential of generative AI and cloud technology to improve healthcare, and to create the Duke Health AI Innovation Lab and Center of Excellence.
Microsoft will train Duke to develop a cloud-savvy IT workforce and construct a secure cloud environment. At the same time, Duke will utilize Microsoft's Azure cloud for clinical...
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...
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