Health care app set for a leap into artificial intelligence

London: A UK start-up that enables users to consult a doctor via mobile app is set to secure new investment to develop a version powered by artificial intelligence. Babylon Health said that it had received $25 million in a funding round led by AB Kinnevik, the Swedish investment group.The round will also include Demis Hassabis and Mustafa Suleyman, the founders of Deepmind, the AI group bought by Google for £400 million, who are advisers for the company. People familiar with the matter said the fund-raising would value the three-year-old start-up at about $100 million.The investment comes as technology groups display increasing ambitions to disrupt the health care sector. Alphabet, the parent company of Google, has created Calico, a biotech subsidiary, that will tackle diseases.Babylon is a subscription health service which…


Link to Full Article: Health care app set for a leap into artificial intelligence

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