Hippocratic AI, a Palo Alto, CA-based company building a safety-focused Large Language Model (LLM) for healthcare, received an investment from NVentures.
NVentures, along with Greycroft and Leo Shapiro of 7Wire Ventures, contributed a combined total of an additional $17M to the round, bringing the total invested in the company to $137M.
The first close of the Series A round was co-led by Premji Invest and General Catalyst with participation from SV Angel and Memorial Hermann Health System as well as existing investors Andreessen Horowitz (a16z) Bio + Health, Cincinnati Children’s, WellSpan Health, and Universal Health Services (UHS) at a $500M valuation.
The company intends to use the funds to expand operations and its business reach.
Led by CEO Munjal Shah, Hippocratic AI aims to develop Large Language Model (LLM) for healthcare. The collaboration with NVIDIA is centered on technological advancements. Hippocratic AI is leveraging NVIDIA NIM microservices to scale its production platform to deliver low-latency and long-context conversational capabilities. The collaboration includes several techniques tailored for real-time, long-context conversational AI, including prefix caching, speculative decoding, and prefill/decode disaggregation. In addition, Hippocratic AI, powered by NVIDIA technologies, is advancing medical domain specialization in LLMs through custom automated speech recognition (ASR) technology, fine-tuned to meet the needs of clinician-patient interactions.
FinSMEs
20/09/2024