ARTIFICIAL INTELLIGENCE IN HEALTHCARE
YC-backed healthtech startup BioStack raises $9.5 million from Peak XV, DCVC, others
The Y Combinator-backed startup, which operates across India, the US, Brazil and Argentina, has access to more than 100 million de-identified patient records. It brings together fragmented clinical information, including medical scans, pathology reports, prescriptions, treatment histories and patient outcomes, to create complete patient records that can be used to train AI models.
Top 7 equity mutual funds deliver over 30% CAGR since last Diwali. Have you invested in any?
In the latest analysis by ETMutualFunds, the top seven equity mutual funds have recorded an impressive over 30% CAGR since last Diwali. Leading the pack, the Nippon India Taiwan Equity Fund delivered an astonishing return of approximately 87.36%. Other noteworthy performers included ICICI Pru Strategic Metal and Energy Equity FoF, alongside HSBC Brazil Fund. However, it's important to note that some ICICI Prudential funds faced significant losses.
Talent, compute and R&D key to India's AI ambitions: Report
India will need to strengthen its talent pool, research and development (R&D) capabilities, computing infrastructure and data systems to translate advances in artificial intelligence (AI) and other emerging technologies into economic and social benefits, according to a report by KPMG.
India must bolster tech, economic resilience: Dean Grandy, KPMG's global head for government and public sector
India is encouraged to boost its domestic technology capabilities and economic resilience to face geopolitical tensions. Strengthening self-sufficiency in artificial intelligence and infrastructure is essential for national interests and security. Collaborative partnerships with like-minded governments are important for shared insights and investment opportunities. Developing independent AI regulations will safeguard India's data and business environment effectively. Addressing the emerging challenges in AI will be crucial as India's capabilities expand.
Goa Chamber of Commerce and Industry hails state's AI Policy 2026
In a statement, GCCI president Pratima Dhond said the Goa AI Mission 2026 represented an important step towards building a technology-led economy while leveraging the state's existing strengths in tourism, healthcare, environmental systems and creative industries.
AI could unlock $2.52 trillion in annual global economic value: Report
Artificial intelligence is projected to generate $2.52 trillion in annual economic value globally through automation. However, increased deployment costs could reduce this potential by around 34 percent, leading to significant financial losses. Various sectors, including financial services and education, offer considerable economic benefits from AI applications. Companies are advised to evaluate the return on investment from AI technologies before committing resources.
- Go To Page 1
Mark Cuban says AI hack agents are like cockroaches, but can be controlled
Cuban, famous for his role on business reality show "Shark Tank" and his involvement in the Dallas Mavericks NBA team, ventured into healthcare when he started the online pharmacy Cost Plus Drug Company in 2022 with a standard pricing scheme: the cost it pays for the drug, plus 15%.
UK government sets out $800 million for AI security funding
The biggest chunk of funding will go to a new biosecurity initiative, including £100 million for a laboratory using AI to detect biological threats and £65 million to develop countermeasures against pathogens.
Jio’s mega public issue puts India’s AI companies in the spotlight; see who are the potential IPO candidates
The interest in India’s AI firms comes at a time when such companies are attracting increasing private investment and some are beginning to consider stock market listings. Jio itself is looking to target growth beyond telecom through AI, cloud, and satellite communications.
Japan’s Nikkei falls over 1% as Wall Street tech selloff rattles markets
Japan’s Nikkei 225 falls as a Wall Street tech sell-off weighs on semiconductor and AI-linked stocks. Concerns over valuations and spending pressure Japanese equities, while select consumer and food stocks advance.
'The problem was caused by you': Commerce Minister Piyush Goyal calls out Europe over carbon emissions
Union Commerce Minister Piyush Goyal said India accounts for less than 3% of global carbon emissions despite representing 17% of the world's population. Speaking in Berlin, he said Europe's per capita emissions and environmental impact were seven to eight times higher than India's.
Swiggy narrows loss in Q2; eMudhra cofounder on what went wrong
Happy Friday! Swiggy reported a rise in revenue in Q2 FY27 while cutting its losses. This and more in today’s ETtech Morning Dispatch.
Mark Zuckerberg makes deal with Meta to help him pay billionaire tax if it passes
Mark Zuckerberg has made a deal to manage potential tax liabilities from a proposed wealth tax in California. The tax would impose a one-time 5 percent charge on billionaires' net worth. Zuckerberg's agreement allows him to maintain ownership of Meta while selling non-voting shares to finance his tax obligations. Proponents argue the tax ensures the rich contribute fairly to state revenues.
Healthcare GCCs dangle hefty pay premiums to bridge AI talent gap
The premium reflects a widening gap between demand for specialised skills and the supply of professionals who possess them. Data, analytics and AI have just 1.6 professionals for every projected opening in India's healthcare GCCs, compared with 4.8 across roles overall.
US stocks today: US stocks slide as AI spending jitters hit Nasdaq, oil prices rebound
US stocks opened lower on Thursday as renewed concerns over the outlook for artificial intelligence weighed on growth stocks. Tesla and Meta earnings failed to ease AI-related jitters, while rising oil prices added to market pressure. The Nasdaq fell 1.48%, while the S&P 500 and Dow also declined at the open.
GDHS 2026 to focus on implementing AI action
Scheduled for 20-21 November 2026, the Global Digital Health Summit will take place in New Delhi, highlighting the role of artificial intelligence in healthcare. A key feature, The CORTEX Test, will evaluate decision-making from AI, doctors, and collaborative methods.
Nvidia launches OpenShell Reference Architecture to contain AI agents
Nvidia said this architecture combines computing hardware, software and security tools to keep agents within defined boundaries aiming to address a part of the problem.
Poland to become second EU member of global healthcare AI network
Poland has announced its intent to join the HealthAI-led Global Regulatory Network, becoming just the second EU nation to do so after Portugal. This network includes numerous countries like Britain, India, and Brazil, which work together to ensure safe AI applications in healthcare. Members gain access to AI healthcare tools that have undergone regulatory review and benefit from a real-time system for reporting harmful incidents.
Why sovereign AI is critical to India’s next growth leap?
India has already created considerable momentum. The priority now is to connect government initiatives, industry investments, academic research and startup innovation into a coherent ecosystem.
Healthtech startup Curebay raises Rs 100 crore funding led by IvyCap Ventures
The company will use the fresh capital to expand its footprint, strengthen its technology and artificial intelligence (AI) capabilities, and enter new markets, including Andhra Pradesh, Priyadarshi Mohapatra, cofounder and CEO Curebay, told ET.
Piyush Goyal to explore trade, investment avenues in Germany & Netherlands
Commerce and industry minister Piyush Goyal is set to visit Germany and the Netherlands for trade engagements. He will participate in the Berlin Global Dialogue and meet various government officials in Germany. The focus will be on technological cooperation, clean technology, and the India-EU FTA negotiations. In the Netherlands, Goyal will hold ministerial meetings to explore expanded trade channels and green transition initiatives.
India's listed AI market could gain USD 100 billion from IPOs over next 5 years: Goldman Sachs
India's artificial intelligence sector is poised to contribute between USD 50 billion and USD 100 billion from forthcoming IPOs. Goldman Sachs has pinpointed 84 private AI firms collectively valued at around USD 55 billion. The study forecasts that 25 to 50 percent of these enterprises could make their public debut within the next two to five years.
AI needs $760 billion in annual profit to justify $7 trillion infra investment by 2030: McKinsey
While new AI businesses, products and services will contribute to returns, a significant share of the value will need to come from companies redesigning their work processes and improving productivity.
Wipro GE HealthCare considering fifth India plant, plans to double exports
Wipro GE HealthCare is evaluating options for a new manufacturing facility in India to enhance operations. The company operates four plants and seeks to double global exports while focusing on local sales growth. A significant investment of Rs 8,000 crore is planned over five years to support this initiative. The domestic medical equipment market is projected to grow annually by 10-11%, creating opportunities for Wipro GE HealthCare.
US stocks today: US stocks end higher as healthcare stocks lift Dow, tech a breather
Wall Street ended higher on Tuesday, led by the Dow as investors shifted towards healthcare and other value stocks. The S&P 500 also gained, while the Nasdaq slipped as technology stocks paused after a rebound in the previous session. Healthcare shares gained, while small-caps and defensive sectors also outperformed.
MeitY-backed conclave explores AI applications in healthcare, assistive technologies
The conclave on "AI for Health & Assistive Technologies" was organised by Software Technology Parks of India (STPI), under MeitY, and the Centre for Innovation, Incubation and Entrepreneurship (CIIE) at IIT BHU, bringing together government representatives, healthcare professionals, researchers and startups to explore practical applications of artificial intelligence.
Who is Samyak Chakrabarty? Meet the co-founder of Navya Nanda's Nimaya Foundation
Samyak Chakrabarty, who co-founded the Nimaya Foundation with Navya Naveli Nanda, blends AI, entrepreneurship, and social good. He went to Jai Hind College, was a Senior Fellow at Ashoka University, and started Workverse and The Smart Fellowship. He recently met Assam's Chief Minister Himanta Biswa Sarma with Nanda to discuss growing the GenAI Ready Naari program for young women.
AI cost savings may be offset by rising verification expenses: Deutsche Bank
The report, titled "AI boom or doom: what will superintelligence feel like and when will we get there?", said that while AI has made it cheaper to produce information, research and analysis, checking the accuracy and reliability of its output could become more expensive.
Global hedge funds suffer steep losses as AI trade unwinds, Asia funds hit hardest
Global hedge funds suffered steep losses as investors unwound artificial intelligence-related trades amid inflation concerns and expectations of higher interest rates. Asia-focused stock pickers were hit hardest, losing 6.8% in early October, while global fundamental long-short funds fell 2.9% through October 15, according to Goldman Sachs data cited by Reuters.
Load More
