Amazon's cloud services business AWS, and semiconductor giant NVIDIA, have entered the health care market in an unanimous way, frequently recruiting people to be responsible for attracting investment investors who are locked in this market, in the hope of breaking into their investment companies and taking the lead in these Enterprises provide artificial intelligence (AI) chips and services.
The reporters pointed out that the relationship between large-scale technology giants and venture capitalists has been extended to the latter's strategy of portfolio companies, but few technology companies will notice the health care market, so AWS and NVIDIA's moves People look at each other.
Venkat Mocherla, head of Qventus business development at healthcare startups, explains that the health care industry accounts for about one-fifth of US GDP. Unlike in the past, technology giants are now aware of the huge business opportunities and therefore have specific strategies in place. This industry is growing rapidly.
Bringing AI tools to the health care market is a particularly hot area. In the NVIDIA levy, experts who require in-depth knowledge of the medical and health information systems will be responsible for NVIDIA's Health Care Strategy World Development Department, which is part of the AI ​​Startup Program.
Gene research-related companies hold huge amounts of data, so they are usually the target of large-scale technology lock-in. Alphabet has a team called Google Genomics dedicated to this field, Amazon is a strategic investment in Grail, and Grail's business is mainly for cancer. Early signs of mining genetic information.
Bob Kocher, a partner at Venrock Healthcare Capital Partners, revealed that there are indeed many large technology companies that have approached the company and have partnered with Venrock's investment companies and persuaded them to adopt their own technology.
Venrock's investment companies include Castlight and Juno TherapeuTIcs. Kocher said that large technology companies such as Apple, Alphabet and Amazon know that these companies have great growth potential, and that new technologies and tools have a lot of room to play.
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