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Andrew Ng's AI Fund has made its first investment in India by backing Jivi, an AI healthcare firm. Jivi, based in Gurugram, utilizes artificial intelligence to assist in diagnosing and treating patients, as well as managing health reports and administrative tasks. This investment comes at a time when India's AI market is projected to grow significantly, potentially reaching $22 billion by 2027.
The investment highlights the increasing interest in AI applications within the healthcare sector, particularly in emerging markets like India. Jivi's innovative use of AI aligns with the growing trend of integrating technology into healthcare to improve efficiency and patient outcomes. With backing from prominent investors like Sequoia Capital and Softbank Group, Jivi is positioned to make a substantial impact in the AI healthcare landscape.
• AI Fund's first investment in India targets healthcare innovation.
• India's AI market expected to exceed $22 billion by 2027.
Jivi employs artificial intelligence to enhance healthcare services through diagnosis and treatment suggestions.
Jivi exemplifies healthcare AI by using technology to streamline medical processes and enhance patient outcomes.
The AI Fund's investment in Jivi represents a strategic move to capitalize on the growing AI healthcare market in India.
The fund's investment in Jivi marks its entry into the Indian AI market.
Jivi's innovative approach positions it as a key player in the AI healthcare sector.
Reuters on MSN.com 11month
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