Thursday 18 August 2022

UK hospitals lose millions after AI startup valuation collapses

UK hospitals lose millions after AI startup valuation collapses Two NHS hospital trusts in the UK have lost nearly £15 million ($18 million) between them due to the collapse in value of an AI startup.

Last month, The Register reported that seven NHS hospital trusts appeared to have lost millions following deals with Sensyne Health – a fledgling AI business trying to discover and develop new medicines – which saw company shares exchanged for patient data.

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