Welcome to the AI Ecosystem Report, featuring practitioner analyst and entrepreneur Toni Witt. This series is intended to deliver the timely intelligence about artificial intelligence (AI) you need to get up to speed for an upcoming client engagement or board meeting.
Highlights
Innovation (00:35)
NVIDIA announced its partnership with Hippocratic AI, a startup building a safety-first LLM for the healthcare industry. In this partnership, NVIDIA is providing the hardware and technical infrastructure to deploy Hippocratic AI’s Polaris LLM. They’re using the model for AI-based digital nurses.
With healthcare workers in high demand, the two companies are working to release a product to meet this need and reduce labor costs by digitizing parts of these jobs. Hippocratic AI reports that the agents can cost less than $9 per hour. In early tests, they found that AI nurses outperform human nurses on certain benchmarks, such as medical knowledge. These AI healthcare agents are deployed in telehealth settings where patients are calling for routine checks, like risk assessment, pre-op, checkups, and more.
While accessing a digital nurse is better than no nurse, there are concerns. There is still a hallucination threat; if a digital nurse spreads false information, for instance, there would be very serious consequences for the patient. Another concern is that it’d be taking out the human touch. On a technical level, latency has to be very low. The answers must be accurate, relevant, and personal to the patient. This will also require the highest level of security to protect personal patient data.
Funding (05:00)
Founded in 2018, an Israel-based AI-powered data security company called Big ID raised $60 million in the growth round led by Riverwood Capital. This puts the company at a valuation of over $1 billion. It’s already hitting over $100 million in annual revenue.
Big ID has pioneered the paradigm shift toward universal data security, which essentially resolves challenges in data privacy, compliance, and data security that fit all data types. This helps enterprise customers who are building out their own GenAI data pipeline.
Solution of the Week (7:00)
Elon Musk launched his new GenAI chatbot Grok as part of the new X platform, formerly known as Twitter. Musk has been diving into AI lately and raising funds for his AI company, xAI, which built the underlying LLM for Grok.
Grok is more unfiltered compared than its competitors, which aligns with Musk’s goal for X to reclaim freedom of speech. Because it isn’t as filtered, it has access to live data on X and provides real-time responses. Pulling live data from X to underpin responses is a rather interesting and powerful angle. There are safety measures in place, but it can be more susceptible to putting out misinformation or saying harmful things.
Users can access Grok through the paid premium plans of X.
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