San Francisco-based data intelligence and AI provider Databricks has raised $10 billion of expected non-dilutive financing in a Series J funding round, completing $8.6 billion to date. The new funding brings the company's valuation to $62 billion.
Thrive Capital, Andreessen Horowitz, GIC, WCM Investment Management, Insight Partners and DST Global coled the round, with participation from existing...
Executives highlighted AI's transformative potential in healthcare when asked by MobiHealthNews how they see AI's place in the sector changing in 2025.
Some expect multimodal AI and advanced diagnostic imaging to make significant strides next year, while others showcased AI's promise in improving diagnostics, addressing provider burnout, automating tasks, streamlining drug development and...
Researchers are looking to conduct a study using AI, virtual reality (VR) and AI-generated voice cloning of a patient's living or deceased loved ones to personalize pain management therapy, according to a paper published in the Journal of Medical Extended Reality.
"AI-generated VR technology has the potential to modulate pain and enhance cognitive engagement through rapid design and...
Executives across the digital health sector shared their insights with MobiHealthNews on whether mergers and acquisitions will continue to play a major role in the industry in 2025. Many pointed to factors such as shifts in the political climate, company valuations and large organizations seeking to expand their portfolios as potential drivers of increased M&A activity.
Sean Mehra, cofounder...
In 2024, consumer tech and healthtech intersected to focus on patient-centric innovations, Antoine Robiliard, VP of health solutions at Withings, told MobiHealthNews.
Robiliard expects 2025 to bring AI-enabled advancements, market consolidation and increased adoption of at-home care technologies. He also says mergers and acquisitions will become essential for driving innovation, maintaining...
New Jersey-based Culina Health, a digital platform offering clinical nutrition care, has secured $7.9 million in Series A funding in a round led by Healthworx, which is the innovation and investment arm of Blue Cross Blue Shield insurer CareFirst.
Collab Capital, Collide Capital, Rethink Impact, Vamos Ventures, Cake Ventures, GW Ventures and Tensility Venture Partners also participated in the...
As 2024 comes to a close, MobiHealthNews asked executives from across the digital health sector about their biggest surprises and most noteworthy events from the year.
The execs highlight AI's potential, oncology imaging breakthroughs, nutrition's role in healthcare, inflated AI valuations, cyberattacks and policy shifts, emphasizing the need for practical integration, patient trust and system...
Suki, maker of an AI-backed healthcare voice tool, announced it is collaborating with Google Cloud to enhance its Suki Assistant tool using Google's Vertex AI platform.
Google's Vertex AI is a search engine that allows organizations to build their own generative AI-enabled search engines. It enables companies to search patient data, including clinical sources like FHIR data and clinical notes....
The U.S. Securities and Exchange Commission (SEC) has reopened an investigation into Elon Musk's brain-computer implant company Neuralink, according to a letter Musk posted on X penned by his attorney and directed at SEC chair Gary Gensler.
Musk also mocked the SEC in a post saying it was "just another weaponized institution doing political dirty work."
The letter, published on Dec. 12, also...
Precision Neuroscience, a brain-computer interface company that connects AI with human intelligence, announced it closed a $102 million Series C funding round led by General Equity Holdings, bringing its total raise to $155 million.
Steadview Capital, B Capital and Duquesne Family Office, the investment firm of Stanley F. Druckenmiller, participated in the round.
The funding comes less than two...
