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Hume AI scored $3 million from Northwell Holdings, the funding arm of New York-based well being system Northwell Health, to proceed growing machine studying fashions that purpose to know speech and expression.
WHAT IT DOES
The startup builds pure language-understanding instruments that take textual content, audio, video or photos and take a look at to seize which means, in addition to emotion and different expressions. In line with the corporate, a few of its instruments are supposed to notice emotions like shock, ache or sarcasm, or to seize vocal feels like gasps, sighs and laughs.
Hume AI plans to make use of the capital to refine these ML fashions for healthcare, together with medical analysis, affected person screening and accessibility expertise.
“Applied sciences that draw upon the most recent scientific analysis to assist us higher perceive not simply what individuals say, however how they are saying it, have profound potential to profit sufferers,” Wealthy Mulry, CEO and president of Northwell Holdings, mentioned in a press release.
“We already see rising demand for this expertise in therapy, medical analysis, telehealth functions and extra. To advertise the cautious improvement of those probably transformative applied sciences, we’re excited to launch our partnership with Hume AI by means of an funding that displays our confidence in Dr. Alan Cowen and his groundbreaking group.”
MARKET SNAPSHOT
As physicians report increasingly high levels of burnout, some startups have pushed AI-backed instruments to chop down on their administrative work. Abridge, which gives a software that information, transcribes and organizes info gleaned from conversations with sufferers, just lately raised $12.5 million in Series A-1 funding.
One other voice assistant for medical doctors, Suki, introduced it scooped up $55 million in Series C funding late final 12 months.
In the meantime, Northwell has been increasing its investments in AI. Final 12 months, the well being system partnered with Aegis Ventures on a three way partnership centered on using AI to deal with high quality, fairness and value issues in healthcare. Hume can be a portfolio company of Aegis Ventures.
In April the startup studio and Northwell announced the launch of Ascertain, a platform that goals to develop and commercialize healthcare AI corporations.
Northwell additionally just lately announced a partnership with Google Cloud to make use of cloud expertise and AI to automate administrative workflows and determine affected person threat elements for early intervention.
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