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What will be the primary competitive advantage of the generative AI model developed by GE HealthCare and AWS by the end of 2024?
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Press releases from GE HealthCare or AWS, and industry publications
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GE HealthCare (+0.9% pre) Partners with AWS to Develop Generative AI for Medical Use
Jul 25, 2024, 12:48 PM
GE HealthCare has announced a strategic collaboration with Amazon Web Services (AWS) to develop generative AI models aimed at transforming the healthcare industry. The partnership will leverage AWS's cloud services to build advanced AI applications for medical data analysis, enhancing diagnostics and patient care. This collaboration is expected to accelerate healthcare transformation by providing new, purpose-built foundation models designed to handle the vast amounts of data generated by the healthcare sector, which accounts for nearly one-third of global data. GE HealthCare's stock is up 0.9% in pre-market trading following the announcement.
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