Hippocratic AI Receives Additional $17M Investment to Build Safety-Focused LLM for Healthcare
Hippocratic AI is dedicated to developing AI technology that improves healthcare communication.
Company Name: Hippocratic AI
Location: Palo Alto, CA
Sector: Healthcare AI, Large Language Models (LLMs)
Funding Details: NVentures, Greycroft, and Leo Shapiro of 7Wire Ventures contributed a combined total of $17M, 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, Memorial Hermann Health System, Andreessen Horowitz (a16z) Bio + Health, Cincinnati Children’s, WellSpan Health, and Universal Health Services (UHS), at a $500M valuation.
Purpose of Investment: The company will use the funds to expand operations and further its business reach, focusing on the development of its Large Language Model for healthcare.
Product and Innovation: Hippocratic AI is developing a safety-focused Large Language Model (LLM) tailored to healthcare. The company is leveraging NVIDIA NIM microservices to scale its production platform, delivering low-latency and long-context conversational AI capabilities. The collaboration with NVIDIA includes advanced techniques like prefix caching, speculative decoding, and prefill/decode disaggregation. Additionally, Hippocratic AI is advancing medical domain specialization in LLMs through custom automated speech recognition (ASR) technology designed for clinician-patient interactions.
About the Company: Hippocratic AI is dedicated to developing AI technology that improves healthcare communication. Its collaboration with leading technology firms like NVIDIA aims to push the boundaries of LLMs in the medical field, ensuring safer, more effective AI-driven conversations between clinicians and patients.