AI, specifically generative AI, has the potential to transform healthcare.
At least, that sales pitch from Hippocratic AI, which emerged from stealth today with a whopping $50 million in seed financing behind it and a valuation in the “triple digit millions.” The tranche, co-led by General Catalyst and Andreessen Horowitz, is a big vote of confidence in Hippocratic’s technology, a text-generating model tuned specifically for healthcare applications.
Hippocratic — hatched out of General Catalyst — was founded by a group of physicians, hospital administrators, Medicare professionals and AI researchers from organizations including Johns Hopkins, Stanford, Google and Nvidia. After co-founder and CEO Munjal Shah sold his previous company, Like.com, a shopping comparison site, to Google in 2010, he spent the better part of the next decade building Hippocratic.
“Hippocratic has created the first safety-focused large language model (LLM) designed specifically for healthcare,” Shah told TechCrunch in an email interview. “The company mission is