a16z Bets Big: $141M for AI Hospital Staffing, Blockchain Revolutionizes Open-Source AI

by

a16z generative ai

Hippocratic AI raises $141M to staff hospitals with clinical AI agents

Story Partners with Stability AI to Empower Open-Source Innovation for Creators and Developers

Kristina Dulaney, RN, PMH-C, the founder of Cherished Mom, an organization addressing maternal mental health issues, played a role in developing an AI assistant specifically designed to assist new mothers with postpartum mental health assessments and depression screenings. Initially, the startup aimed at creating generative AI chatbots to aid healthcare professionals. However, its focus has since shifted towards helping patients directly. The most sophisticated models make use of the latest advancements in AI agents, a type of AI capable of carrying out more intricate tasks autonomously. While AI technology is rapidly evolving, creators within open-source communities often encounter hurdles in commercializing derivative works and ensuring proper credit.

Story, the worldwide blockchain dedicated to intellectual property, has revealed its partnership with Stability AI’s advanced models aimed at transforming open-source AI creation. This union empowers creators, developers, and artists by allowing them to claim the worth of their contributions to the AI community using blockchain technology for appropriate credit, monitoring, and monetization of AI-generated works. Andreessen Horowitz, often referred to as a16z, is spearheading investments in AI and biotech to spearhead innovation.

Your vote of support is important to us and it helps us keep the content FREE.

As a crypto investor, I’m intrigued by Raspberry AI’s announcement about using funds to expedite product development and strengthen their team with top-tier engineers, sales, and marketing professionals. However, the rapid advancements in AI infrastructure by U.S. companies have sparked a question: which vision of the future will ultimately prevail? Will there be one dominant AI provider for the world, or will we see a diverse landscape of models, each with a smaller market share?

Moreover, their commitment to safety is commendable. Extensive evaluations and safety assessments by over 6,000 nurses and 300 doctors are underway, ensuring that their product meets all necessary safety standards.

After the AI agent begins operation, its creators, the clinicians, can share in the earnings it brings in from the startup’s clientele. At present, this technology is utilized by Under Armour, MCM Worldwide, Gruppo Teddy, and Li & Fung for designing, refining, and producing clothing items, footwear, and accessories. Additionally, Greycroft, Correlation Ventures, and MVP Ventures, the startup’s current investors, took part in this funding round, along with well-known angel investors like Gokul Rajaram and Ken Pilot. Despite his advocacy for open source AI, it seems that Zuckerberg is not fully convinced that DeepSeek’s strategy of prioritizing efficiency through minimal GPU usage compared to major labs is the optimal one for Meta or the future of AI.

Raspberry AI secures 24 million US dollars in funding round

Story is like the global chain for intellectual property, turning ideas into interconnected networks that span beyond mediums and platforms. This empowers worldwide creativity and liquidity. By incorporating Stability AI’s sophisticated models, Story aims to construct a more equitable and eco-friendly internet for creators and developers in the era of generative AI. Just as Hippocratic AI emphasizes the importance of involving medical professionals, because they have accumulated extensive expertise in their areas over time, along with the wisdom to address specific health issues and the practical knowledge of clinical procedures.

Investing in Raspberry AI – Andreessen Horowitz

Investing in Raspberry AI.

Posted: Mon, 13 Jan 2025 08:00:00 GMT [source]

The goal of Story is to link up by merging Stability AI’s advanced technology with blockchain’s capacity for securing digital property rights. For instance, creators could record distinct styles or voices as intellectual property on Story, with clear usage conditions. This would allow others to educate and adjust AI models using this IP, guaranteeing that everyone involved in the creative process receives compensation when these outputs are commercialized.

One click below supports our mission to provide free, deep, and relevant content.

As a crypto investor, I’m thrilled about the innovative strides being made by Hippocratic AI in the healthcare sector. This pioneering company is seamlessly merging two cutting-edge tech trends – no-code/low-code software development and AI agents. This groundbreaking launch empowers clinicians to play a significant role in designing AI agents tailored to enhance patient care.

In an impressive display of efficiency, clinicians can create a prototype AI agent that caters specifically to their area of expertise within half an hour, while it takes around three to four hours to develop one ready for testing. The past nine months have been a whirlwind of progress for Hippocratic AI, with them securing their first U.S. patents, rigorously evaluating and verifying the safety of their initial AI healthcare agents, and inking deals with 23 prominent health systems, insurance providers, and pharmaceutical clients.

One of its AI agents is trained for managing chronic care, handling medication reviews, and overseeing post-discharge follow-ups for conditions like kidney failure and congestive heart failure. The healthcare AI startup Hippocratic AI Inc. announced today that they have completed a $141 million Series B funding round, which brings their total funds raised to over $278 million. They stated that this funding will expedite the development and implementation of their AI-driven super staffing system, as they continue striving to make healthcare abundant. Raspberry AI, a platform for fashion designers using generative AI, has received $24 million in Series A funding, led by Andreessen Horowitz (a16z). Today, we delve into blockchain innovation with Robert Roose, an entrepreneur who aims to solve the current problems in our monetary system. Hippocratic AI’s initial clients include Arkos Health Inc., Belong Health Inc., Cincinnati Children’s, Fraser Health Authority (Canada), GuideHealth, Honor Health, Deca Dental Management, LLC, OhioHealth, WellSpan Health, and other renowned healthcare systems and hospitals.

Incorporating this wisdom into its AI agents not only enhances their safety but also boosts patient results, they stated. Significantly, any agent developed on their platform will undergo rigorous safety training from both the creator and Hippocratic AI’s personnel. Each clinician will have a dashboard for monitoring their AI agent’s usage, performance tracking, and feedback to facilitate continuous improvement.

16z’s investments demonstrate their dedication to molding the technology and healthcare sectors’ futures. Both systems utilize Stability AI’s models to realize creators’ ideas and Story’s blockchain tech for tracking ownership and recognition during the creative journey. These practical implementations underscore how artists can secure their intellectual property while prospering in a collaborative artistic economy. Raspberry AI provides technology solutions for brands and fashion design teams, speeding up each phase of product development to boost market penetration and profitability while decreasing expenses. 16z is a prominent AI investor, focusing exclusively on innovative startups. They contributed to Anysphere’s funding round on January 14, 2025, investing $105 million in Cursor, an AI coding tool that has attained a valuation of $2.5 billion.

Onyxcoin (XCN) Market Trends and Ozak AI’s Contribution to AI-Driven Blockchain

To guarantee that its AI agents perform tasks securely, Hippocratic AI collaborates exclusively with licensed medical professionals in their creation. Before development, the professionals’ qualifications and experience are rigorously checked. Afterward, these agents will undergo an initial assessment by the startup. Through the Hippocratic AI Agent Marketplace, healthcare institutions and hospitals can access a variety of specialized AI agents designed for diverse medical tasks.

The startup known as Story Network was established by Munjal Shah, a seasoned entrepreneur in multiple ventures, along with a team consisting of physicians, hospital administrators, healthcare professionals, and AI specialists from institutions such as El Camino Health LLC, Johns Hopkins University, Stanford University, Microsoft Corp., Google, Nvidia Corp, among others. PIP Labs, an early contributor to Story Network, receives investment from firms like a16z crypto, Endeavor, and Polychain. Notably, PIP Labs is co-founded by a serial entrepreneur with a successful exit worth $440M and one of DeepMind’s youngest project managers. The founding team at PIP Labs possesses expertise in consumer technology, advanced AI, and Web3 infrastructure.

In addition to Story Network, the startup has developed various AI agents for tasks like pre- and post-surgery wound care, preparing for extreme heatwaves, home health checks, diabetes screening and education, among other applications. As stated by the startup, these AI Agent creators include Dr. Vanessa Dorismond MD, MA, MAS, a prominent obstetrician and gynecologist at El Camino Women’s Medical Group and Teal Health, who played a role in creating an AI agent focused on cervical cancer check-ins and improving patient education. The objective of these AI agents, according to the startup, is to address the substantial lack of trained nurses, social workers, and nutritionists within the healthcare sector, both domestically in the U.S. and globally.

TechBullion

On the very same day, a16z also spearheaded a Series A funding round for Slingshot AI, securing a total of $40 million to establish a base model centered around psychology. This investment underscores a16z’s dedication to leveraging AI to tackle significant challenges and their ongoing exploration of AI applications across various sectors, such as healthcare and consumer services. Essentially, a16z is passionate about fostering AI advancements that could significantly shape society. It’s exciting to witness our models being employed in Story’s blockchain technology to ensure appropriate credit and compensation for contributors,” expressed Scott Trowbridge, Vice President of Stability AI. Similarly, Kacie Spencer, DNP, RN, the chief nursing officer at Adtalem Global Education Inc., with over two decades of experience in emergency nursing and clinical education, is focusing her AI agent on educating patients about the correct installation of child car seats.

On January 14, 2025, the company took part in an Anysphere round that resulted in it securing $105 million, thereby boosting its valuation to $2.5 billion. Furthermore, it launched a $500 million Biotech Ecosystem Venture Fund alongside Eli Lilly, with the aim of prioritizing health technologies and innovative applications. On the same day, they spearheaded a Series A investment in Slingshot AI, a business dedicated to creating cutting-edge generative AI technology for mental health. Moreover, a16z backed Raspberry AI to make generative AI a significant player in fashion design and manufacturing. Looking ahead to December 2024, they predicted that AI would become a crucial force across virtually all industries.

  • The startup said its AI Agent creators include Dr. Vanessa Dorismond MD, MA, MAS, a distinguished obstetrician and gynecologist at El Camino Women’s Medical Group and Teal Health, who helped to create an AI agent that’s focused on cervical cancer check-ins and enhancing patient education.
  • Andreessen Horowitz, or a16z, is one of the leading AI investors and targets only innovative startups.
  • Hippocratic AI said it’s necessary to have clinicians onboard because they have, over the course of their careers, developed deep expertise in their respective fields, as well as the practical insights to help cure specific medical conditions and the clinical workflows involved.
  • It says clinicians can create an AI agent prototype that specializes in their area of focus in less than 30 minutes, and around three to four hours to develop one that can be tested.

Read More

2025-07-08 00:22