CosmicTaco

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

CosmicTaco · 2024-10-08T13:33:27.636566+05:30

- 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](https://www.reuters.com/technology/artificial-intelligence/andrew-ngs-fund-makes-first-india-investment-with-ai-healthcare-firm-jivi-2024-10-08/)

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

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