AI Fund Makes First Indian Investment in Healthcare Startup Jivi
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AI Fund Makes First Investment in India, Backs Healthcare Startup Jivi
AI Fund, led by computer scientist Andrew Ng, has made its first investment in India by backing Gurugram-based artificial intelligence (AI) healthcare startup Jivi. The amount of the investment was not disclosed, according to a Reuters report. Also Read: Google and Vodafone Expand Partnership to
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Andrew Ng's AI Fund Makes First Investment in India, Backs Healthcare Startup Jivi
In an exclusive interaction with AIM, the company revealed that the company plans to launch a series of models focussed on healthcare in the coming months. Andrew Ng's AI Fund has announced its first investment in India, backing Gurugram-based AI healthcare startup Jivi. The AI-focused venture
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Andrew Ng's fund makes first India investment with AI healthcare firm Jivi
(Reuters) - Computer scientist Andrew Ng-led AI Fund said on Tuesday it has invested in an Indian artificial intelligence healthcare firm named Jivi, the fund's first such investment in the country. India's booming AI segment is expected to grow more than double to up to $22 billion by 2027,
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Andrew Ng's fund makes first India investment with AI healthcare firm Jivi
Oct 8 (Reuters) - Computer scientist Andrew Ng-led AI Fund said on Tuesday it has invested in an Indian artificial intelligence healthcare firm named Jivi, the fund's first such investment in the country. India's booming AI segment is expected to grow, opens new tab more than double to up to $22
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AI Legend Andrew Ng's Fund Enters Indian Healthcare, Invests in Jivi
AI investment: Jivi leverages AI to offer possible diagnoses and treatments, prepare reports, and automate tasks Computer Scientist, Andrew Ng's AI Fund announced its first Indian investment in artificial intelligence healthcare firm Jivi on October 8, 2024. However, the amount invested has not
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Andrew Ng's Fund Makes First India Investment With AI Healthcare Firm Jivi
(Reuters) - Computer scientist Andrew Ng-led AI Fund said on Tuesday it has invested in an Indian artificial intelligence healthcare firm named Jivi, the fund's first such investment in the country. India's booming AI segment is expected to grow more than double to up to $22 billion by 2027,
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Andrew Ng's fund invests in AI healthcare platform Jivi
AI Fund, a venture studio led by Andrew Ng, has invested in Jivi, an AI healthcare platform. The investment will help Jivi develop AI products like a health assistant for consumers and a copilot for doctors. The platform is currently in beta testing and is expected to be available for public use
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Andrew Ng's AI Fund Marks Maiden India Bet With AI Healthcare Startup Jivi
Computer scientist and artificial intelligence research pioneer Andrew Ng, has marked its maiden bet in India by backing healthcare startup Jivi AI Founded in 2023, Jivi AI combines AI-powered diagnostics with human validation from leading doctors, guiding patients through the journey of
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Andrew Ng's AI Fund has made its first investment in India, backing Gurugram-based AI healthcare startup Jivi. The startup uses AI to assist in medical diagnoses, treatment suggestions, and administrative tasks.
AI Fund Enters Indian Market with Healthcare Investment
Andrew Ng's AI Fund has made its first investment in India, backing Gurugram-based artificial intelligence (AI) healthcare startup Jivi. This move marks a significant step for the AI-focused venture capital fund into India's rapidly growing AI market
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.Jivi: AI-Powered Healthcare Solutions
Jivi, founded in January 2024 by Ankur Jain and G V Sanjay Reddy, leverages AI to assist healthcare providers in various ways:
- Suggesting potential diagnoses and treatments
- Generating health reports
- Performing administrative tasks
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The startup's first model, Jivi MedX, has already shown promising results, outperforming popular models like Google's Med-PaLM 2 and OpenAI's GPT-4 on the Open Medical LLM Leaderboard
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.Future Plans and Vision
Ankur Jain, Co-Founder and CEO of Jivi, revealed ambitious plans for the company:
- Launch of a series of healthcare-focused models in the coming months
- Development of a multimodal MedX, including a vision model
- Creation of an AI medical companion accessible to the global population for free
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Recently, Jivi introduced Jivi-RadX-v1, a vision-based LLM model designed to assist radiologists in making faster and more accurate decisions
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India's Growing AI Sector
The investment aligns with India's booming AI sector, which is projected to grow significantly:
- Expected to reach up to $22 billion by 2027
- AI-based products and startups could account for 15-17% of the market
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About AI Fund and Andrew Ng
AI Fund, backed by Sequoia Capital and SoftBank Group, has previously invested in companies such as Podcastle and Octagon AI
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. Andrew Ng, the managing general partner at AI Fund, brings extensive experience in AI development:- Led AI projects at Google and Baidu
- Joined Amazon's board in April 2024
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While the exact investment amount and stake purchased were not disclosed, this move underscores AI Fund's commitment to expanding its portfolio in the healthcare domain and entering the Indian market
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