The UKs National Health Service is launching an AI lab

The UK government has announced it’s rerouting £250M (~$300M) in public funds for the country’s National Health Service (NHS) to set up an artificial intelligence lab that will work to expand the use of AI technologies within the service. The Lab, which will sit within a new NHS unit tasked with overseeing the digitisation of the health and care system (aka: NHSX), will AI systems for day-to-day tasks inspecting algorithms already used by the NHS to increase the standards of Could the #NHS in the UK self-finance a large part of #HealthTechnology innovation if it had the courage to commercialize its data trove? Hint: YES.https://t.co/9PKTEKLSdc — Mark Tluszcz (@marktluszcz) August 8, 2019 Commenting on the launch of NHSX in a statement, …

What leading HealthTech VCs are investing in

Why is tech still aiming for the healthcare industry? It seems full of endless regulatory hurdles or stories of misguided founders with no knowledge of the space, running headlong into it, only to fall on their faces. Theranos is a prime example of a founder with zero health background or understanding of the industry — and just look what happened there! The company folded not long after founder Elizabeth Holmes came under criminal investigation and was barred from operating in her own labs for carelessly handling sensitive health data and test results. But sometimes tech figures it out. It took years for 23andMe to breakthrough FDA regulations — it’s since more than tripled its business and moved into drug discovery. …