Healthcare leads the way when it comes to AI investment

New research has revealed that the healthcare industry is leading the charge when it comes to the development of artificial intelligence (AI) research and applications. In its latest report, CB Insights explores the latest AI trends in healthcare and how Google, Apple and other tech giants are innovating in the space. For example, Google's DeepMind is revolutionising diagnostics by matching the accuracy of medical experts in diagnosing 50 sight-threatening eye diseases while pharmaceutical companies are employing deep learning to help design new drugs. CB Insights highlights overhauling current processes that no longer work as one of the biggest hurdles for AI in healthcare. The emerging technology faces both technical and feasibility challenges that are unique to the healthcare industry such as the fact that there is no standard format or central repository of patient data in the US.