Artificial Intelligence

Penn Medicine's Lancaster (Pa.) General Health and private equity firm and venture company Aspire Universal will collaborate as general partners on a $300 million precision medicine fund that the organizations launched April 24.

The Chan Zuckerberg Initiative awarded a grant to develop genomic analysis tools to a team of researchers from New York City-based Icahn School of Medicine at Mount Sinai and UC Berkeley, Mount Sinai announced April 19.

IBM on April 17 reported $19.1 billion in revenue for the first quarter of 2018, marking its second consecutive quarter of revenue growth.

Former U.S. Chief Data Scientist DJ Patil offered recommendations to the National Institutes of Health's proposed Strategic Plan for Data Science in a March 26 letter, which Mr. Patil reposted to LinkedIn April 3.

Amid dwindling reimbursements and growing financial pressures, hospital and health system leaders looking to improve care and workflows with innovative IT solutions should make sure their organization is getting the most out of its investment.

A consortium of academic, healthcare and technology organizations in Europe will pilot big data programs across the care continuum to improve patient outcomes and lower healthcare costs, project coordinator Amsterdam-based Royal Philips announced March 29.

IBM launched a data science and machine learning platform, dubbed Cloud Private for Data, March 16.

The U.S. artificial intelligence market is expected to grow to $6.6 billion by 2021, according to an Accenture report.

Microsoft launched genomic processing services on Azure, the company's cloud computing service, in the U.S., Western Europe and Southeast Asia Feb. 28.

Helix closed a Series B funding round at an expected $200 million, the direct-to-consumer genomics company announced March 1.