Shares of Alphabet (NASDAQ:GOOGL) Inc. (NASDAQ:GOOG) are set to rise as it presents a plan that may potentially change and innovate healthcare through the help of its artificial intelligence company.
A number of technology companies particularly Microsoft (NASDAQ:MSFT) and International Business Machines (NYSE:IBM) has been recently trying to venture into the healthcare sector through offering artificial intelligence functions.
DeepMind, which is owned by Alphabet, has recently announced its intention of using artificial intelligence in helping solve almost any or every healthcare problems.
According to Mark DePristo and Ryan Popli who currently serves as Google Brain Team member has recently encouraged the use of DeepVariant’s open sourcing which was created with the help of Verily which is Alphabet’s life sciences research organization.
According to Google, DeepVariant is part of its overall goal to be able to extend and apply its technologies to health related work.
On the other hand, DeepMind which has been conducting research on teaching its artificial intelligence the strategy game Go, plans to move its research forward with the installation of healthcare applications which can be used in the real world.
According to DeepMind, the plan to yield practical applications which will have the capacity to help people’s lives through along with the National Health Service on the United Kingdom.Alphabet’s very own Verily also plans to create medical service software which may help stretch the lifespan of a human.
Aside from plans of the above-mentioned Alphabet companies, Google alone also has a plan to work with a number of IT companies in the healthcare sector in a series of strategic partnerships which will aim to give medical providers an access to improved radiology workflows,lesser costs, as well as advanced imaging analytics with machine learning.
A number of these companies include Ambra Health which currently has more than 1,000 providers on its network, Nautilus Medical which is a medical imaging software company, and Change Healthcare who happens to be one of the biggest independent healthcare technology in the United States. The following companies will be partnering with Google Cloud in the development of healthcare imaging and patient storage information.