Verily announces USD 1 billion investment round

Verily, an Alphabet portfolio company, has closed a $1 billion external funding round led by Silver Lake. The capital will be used to invest in strategic partnerships, in business development, and acquisitions.

AI in healthcare market projected to grow at 50% year on year from 2018 to 2025

The AI in healthcare market is expected to grow from $2.1 billion in 2018 to $36.1 billion by 2025, according to a new report from Research and Markets. The main drivers of that growth are increasing healthcare costs, and the growing availability of large and complex data sets.  Hospitals are likely to be the largest […]

AI drug trials to scale up in 2019

Predictions are two a penny at this time of year, and no one will hold those who make the predictions to account. Tractica, a market intelligence agency, has put out a white paper with predictions on Artificial Intelligence in 2019. Amongst them is an expectation of advancement in AI-enabled drug trials.

UK maternity services to be redesigned and expanded, says government rawpixel-480209-unsplash

UK maternity services to be redesigned and expanded, says government

The UK government has announced new measures to improve quality of care for mothers and new-born babies. The plans involve redesigning neonatal services, and hiring more expert neonatal nurses and specialists. There will be improved accommodation for critically ill newborn babies; wider availability of physiotherapy for mothers; and the delivery of an evidence-based infant feeding programme. […]