The acquisition bolsters CCC's AI-powered SaaS platform by adding transformative AI capabilities.
Leaders weigh in on the digital health funding environment, women's health investments and how "AI washing" may influence capital raises.
A study published in the Journal of Medical Artificial Intelligence found that large language models can offer helpful physical exam recommendations and instructions based on symptoms.
The company touts that it recently surpassed 2.5 million rings sold and has seen its member base and revenue more than double over the past year.
Digital health leaders comment on the year's significant events, including the shuttering of Walmart Health, the CrowdStrike outage, concerns about off-label advertising and more.
The Series A investment brings the company's total capital raise to $20 million.
Digital health leaders reveal the year's noteworthy events, including the rise in AI valuations, spike in demand for emergency contraception, realizations pertaining to LLMs and more.
The partnership aims to make it easier for women to get a more holistic approach to weight management and access to low-cost nutrition support.
The company will use the funds to drive adoption of its platform and provide capital infusion for expansion in the health markets.
The company will use the funds to increase the development of its computational platform to predict patient treatment responses and support drug research & development.