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intel

SPAC Compute Health Acquisition Prices $750M IPO, Led by Intel Chairman

by Fred Pennic 02/05/2021 Leave a Comment

SPAC Compute Health Acquisition Prices $750M IPO, Led by Intel Chairman

What You Should Know: - Compute Health Acquisition, a SPAC company targeting the intersection of computation and healthcare announced the pricing of its $750M initial public offering (IPO) by offering 75 million units at $10.  Compute Health Acquisition Corp. (the “Company”), a SPAC “blank check” company announced today that it priced its initial public offering of 75,000,000 units at $10.00 per unit. The units will be listed on The New York Stock Exchange (“NYSE”) and trade under the
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Death by Ransomware: Poor Healthcare Cybersecurity

by Babur Khan, Technical Marketing Engineer at A10 Networks 01/05/2021 Leave a Comment

Death by Ransomware: Poor Healthcare Cybersecurity

If hackers attack your organization and you’re in an industry such as financial services, engineering, or manufacturing your risks are mostly monetary. But when it comes to healthcare cybersecurity, not only is there significant financial jeopardy, people’s health and wellbeing are also at risk so the stakes are much, much higher. According to the Department of Health and Human Services, there has been an almost 50 percent increase in healthcare cybersecurity data breaches between February
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UCSF, Fortanix, Intel, Microsoft Team Up to Accelerate Development of Clinical AI Algorithms by 1000X

by Fred Pennic 10/12/2020 Leave a Comment

UCSF, Fortanix, Intel, Microsoft Team Up to Accelerate Development of Clinical AI Algorithms by 1000X

What You Should Know: - UCSF, in partnership with Fortanix, Intel, and Microsoft, will announce BeeKeeperAI, a Privacy-Preserving Analytics Platform that will accelerate the development of clinical AI algorithms by 1000X (from 30 months to 1 day). - This will help get life-saving clinical applications to all patients faster, such as predicting the need for blood transfusions or detecting tumors on X-rays, while maintaining patient privacy using Confidential Computing technology. UC
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Intel, Samsung Collaborate on AI-Powered Fetal Ultrasound Smart Workflow

by Fred Pennic 09/10/2020 Leave a Comment

Intel, Samsung Collaborate on AI-Powered Fetal Ultrasound Smart Workflow

What You Should Know: - Samsung Medison and Intel collaborate on AI-powered new smart workflow solutions to improve obstetric measurements that contribute to maternal and fetal safety. - BiometryAssist automates and standardizes fetal measurements in approximately 85 milliseconds with a single click, providing over 97% accuracy. - BiometryAssist and LaborAssist are already in use in 80 countries, including the United States, Korea, Italy, France, Brazil and Russia. The solutions
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18 Healthcare Augmented Reality and Virtual Reality Companies to Watch

by HITC Staff 06/29/2020 Leave a Comment

Fundamental Surgery Becomes First VR Surgical Training Simulation to Gain CPD Accreditation

Augmented reality (AR) and virtual reality (VR) are redefining what's possible in healthcare, as well as other sectors. The 18 companies listed below are some of the top virtual and augmented reality companies in the medical industry.  Defining Augmented Reality Augmented reality is a technology that blends real-world elements with virtual ones. For example, a person might visit a trade show and aim their smartphone at a display to activate an AR experience that allows them to see
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Intel, UPenn Form AI Initiative to Identify Brain Tumors via Secure Data

by Fred Pennic 05/11/2020 Leave a Comment

Intel & UPenn Announce AI Initiative to Identify Brain Tumors Through Secure Data

What You Should Know: - To coincide with brain tumor awareness month in May, today Intel and the Perelman School of Medicine at the University of Pennsylvania (UPenn) announced an NIH-funded program that uses AI to identify brain tumors while protecting patient data. - Funded by the National Institutes of Health, UPenn and these health care institutions will use Intel’s federated learning technology to produce a new AI model that is trained on the largest brain tumor dataset to
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Intel Launches $50M Pandemic Response Technology Initiative to Combat Coronavirus

by Fred Pennic 04/07/2020 Leave a Comment

Intel Launches $50M Pandemic Response Technology Initiative to Combat Coronavirus

What You Should Know: - Intel pledges an additional $50 million in a pandemic response technology initiative to combat the coronavirus through accelerating access to technology at the point of patient care. - Intel is committed to accelerating access to technology that can combat the current COVID-19 pandemic and enable new technology and the scientific discovery that better prepares society for future crises. Intel is pledging an additional $50 million in a pandemic response
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CTA Launches First-Ever ANSI-accredited Standard for AI in Healthcare

by Fred Pennic 02/25/2020 Leave a Comment

CTA Launches First-Ever ANSI-accredited Standard for AI in Healthcare

- The Consumer Technology Association (CTA) announces the first-ever ANSI-accredited standard for the use of artificial intelligence in healthcare, developed by more than 50 organizations from tech giants to healthcare leaders. - CTA convened 52 organizations – including IBM, Philips, BlackBerry, Doctor on Demand, Humetrix, American Medical Association, and AdvaMed – to develop this standard that provides a foundation to better
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OSF Ventures Joins $35M Funding Round for Handheld, Exo Ultrasound Device

by Fred Pennic 08/14/2019 Leave a Comment

OSF Ventures Backs $35M Series B Round for Handheld, Exo Ultrasound Platform

 OSF Ventures, the investment arm of OSF HealthCare has joined a $35M Series B funding round to support medical device startup Exo Imaging that’s developing a breakthrough handheld, AI ultrasound device that will allow healthcare providers to make critical, real-time diagnostic decisions.Performance Ultrasound PlatformFounded in 2015, Exo (pronounced “Echo”) is bringing diagnostic-grade medical imaging to the pocket of every caregiver and clinician worldwide. The company is developing an
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Digital Twin Technology: Should Healthcare Jump on the Bandwagon?

by Inga Shugalo, Healthcare Industry Analyst at Itransition 04/29/2019 Leave a Comment

Digital Twin Technology: Should Healthcare Jump on the Bandwagon?

While healthcare is known for not jumping to conclusions very fast when investing in new technology, the industry starts to pick up the pace. Such “newcomers” as blockchain, IoT, VR, and AR get a well-deserved appraisal and become an integral part of next-gen custom healthcare software aimed at supporting personalized treatment and predictable patient outcomes across a wide range of conditions. We anticipate that the digital twin technology has good chances to become the next addition to the
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