Cochlear is switching to artificial intelligence for its implants

Business Insider Australia is the Australian edition of the world's fastest-growing business news website, Business Insider. Australia's pioneering bionic ear company, Cochlear, plans to use artificial intelligence to more accurately implant and calibrate its devices. Cochlear today announced an exclusive licensing and development agreement with Otoconsult for its artificial intelligence fitting assistant FOX (Fitting to Outcomes eXpert). The company says the technology is expected to enable a faster and more consistent fitting of cochlear implants. A short time ago, Cochlear shares were trading at $147.09, up 0.2% in a falling market.