Andrew Ng's AI Fund Invests in Indian Healthcare Firm Jivi

• Andrew Ng's AI Fund has made its first investment in India, backing AI healthcare firm Jivi.
• The booming Indian AI market is expected to grow to $22 billion by 2027, with startups accounting for 15-17% of the market.
• Jivi uses AI for diagnoses, treatments, health reports, and administrative tasks.
• The investment amount and stake bought by AI Fund were not disclosed.
• AI Fund, backed by Sequoia Capital and Softbank Group, has also invested in Podcastle and Octagon AI.

Source: Reuters