Mitrade Insights is dedicated to providing investors with rich, timely and most valuable financial information to help investors grasp the market situation and find timely trading opportunities.

2021

Best News & Analysis Provider

FxDailyInfo

2022

Best Forex Educational Resources Global

International Business Magazine

Insights

News

ChatGPT Aids Diagnoses Rare Illness; Microsoft Hits AI Healthcare Milestone—Is AI Healthcare the Next Big Trend?

Source Tradingkey

TradingKey - AI in healthcare re-entered the public spotlight, sparking widespread discussion, following a retweet by OpenAI co-founder Greg Brockman.

The post described how a user, plagued for years by an undiagnosed illness, successfully pinpointed the cause with ChatGPT's assistance.

Sharing his story on Reddit, the user detailed enduring mysterious symptoms and undergoing numerous tests without identifying the issue. In desperation, he inputted all his reports and symptom history into ChatGPT for an integrated analysis. ChatGPT suggested the symptoms strongly matched the A1298C MTHFR gene mutation. After months of targeted treatment, his symptoms significantly alleviated.

Another groundbreaking development in AI healthcare came from Microsoft, announcing a major breakthrough in the field. Microsoft unveiled the Microsoft AI Diagnostic Orchestrator (MAI-DxO), which boasts an 85% diagnostic accuracy rate on real case records published weekly by the New England Journal of Medicine, surpassing that of seasoned medical teams by more than fourfold.

Rohan Paul, an observer of Artificial General Intelligence (AGI), remarked that second opinions from AI models should become integral to the diagnostic process. The potential of AI in healthcare is immense and increasingly recognized. NVIDIA CEO Jensen Huang has publicly stated that AI will bring the "next astounding revolution" in the fields of healthcare and biosciences.

Tech Giants Set Early Footsteps in AI Healthcare

Indeed, technology titans like NVIDIA and Google are steadily investing more into the AI healthcare sector.

In 2023, NVIDIA initiated collaboration with Recursion Pharmaceuticals to advance AI applications in drug discovery. Google has launched several generative AI products tailored for healthcare scenarios.

Microsoft has collaborated with numerous U.S. medical systems: in 2022, it acquired Nuance for $19.7 billion, whose technology was used by over 55% of U.S. doctors, 75% of radiologists, and 77% of hospitals. In 2023, it partnered with Epic Systems, the largest electronic health records supplier in the U.S., to integrate Microsoft's generative AI technology into Epic's electronic health records software.

Cathie Wood, CEO of Ark Investment, has repeatedly emphasized that healthcare is the most undervalued application area for AI.

Throughout this year, shares of AI + precision medicine company Tempus AI (TEM)have surged by 80.65%, Guardant Health by 65.30%, and Firefly Neuroscience, which announced plans to join NVIDIA's (NVDA) Connect program for AI-enabled brain disease diagnosis, by 14.34%.

Source

Disclaimer: For information purposes only. Past performance is not indicative of future results.

Recommended Articles

Bitcoin falls below $75,000 as the CLARITY Act fails in the Senate — what the vote means for crypto The US Senate blocked the Digital Asset Market CLARITY Act in a 49-50 procedural vote, sending Bitcoin briefly below $75,000 — its biggest one-day drop since June. Ethereum fell more than 8%, Coinbase slid 10% and $75 billion of crypto market value evaporated. Here is what the vote was, why it failed, and the levels that matter now.

Author Suzie

Sep 16, Wed

The US Senate blocked the Digital Asset Market CLARITY Act in a 49-50 procedural vote, sending Bitcoin briefly below $75,000 — its biggest one-day drop since June. Ethereum fell more than 8%, Coinbase slid 10% and $75 billion of crypto market value evaporated. Here is what the vote was, why it failed, and the levels that matter now.

Dollar index tops 100 for the first time since July as the Fed's hawkish dot plot sinks in The U.S. dollar index broke back above 100 for the first time since 31 July after the Fed delivered its first rate hike since 2023, with the dot plot showing 16 of 18 officials expect at least one more increase this year. Here are the levels that matter for DXY, the currencies feeling it most, and what to watch next.

Author Irene Q.

Sep 17, Thu

The U.S. dollar index broke back above 100 for the first time since 31 July after the Fed delivered its first rate hike since 2023, with the dot plot showing 16 of 18 officials expect at least one more increase this year. Here are the levels that matter for DXY, the currencies feeling it most, and what to watch next.

US to delay new "overcapacity" tariffs on China — what the pause means for trade, inflation and the dollar Washington is expected to hold off announcing new tariffs over Chinese "overcapacity" until after the 24 September summit, according to Bloomberg. The postponed plan would have added 7.5% to Chinese goods, taking second-term US tariffs to around 20%. Here is what is on the table, and what a deal versus no deal would mean for the yuan, Hong Kong equities and the dollar.

Author Mitrade

Sep 18, Fri

Washington is expected to hold off announcing new tariffs over Chinese "overcapacity" until after the 24 September summit, according to Bloomberg. The postponed plan would have added 7.5% to Chinese goods, taking second-term US tariffs to around 20%. Here is what is on the table, and what a deal versus no deal would mean for the yuan, Hong Kong equities and the dollar.

Gold ends three-week slide at the $4,400 line — eight straight days of ETF inflows vs a 5% 10-year and a 100 dollar Spot gold closed Friday at $4,378.39, up 0.84% on the day and about 0.8% for the week — its first weekly gain in four weeks — with the intraday high of $4,399.67 leaving it 33 cents shy of the $4,400 line. Gold ETFs have now logged eight straight sessions of inflows, but with the 10-year back above 5% and the dollar index near 100, here is what decides whether this is a reversal or a bounce.

Author Suzie

Yesterday 05: 53

Spot gold closed Friday at $4,378.39, up 0.84% on the day and about 0.8% for the week — its first weekly gain in four weeks — with the intraday high of $4,399.67 leaving it 33 cents shy of the $4,400 line. Gold ETFs have now logged eight straight sessions of inflows, but with the 10-year back above 5% and the dollar index near 100, here is what decides whether this is a reversal or a bounce.

Bitcoin squeezes back above $80,000 — 110,000 traders liquidated as the hawkish Fed and CLARITY setback fail to hold it down; is $83,000 next?Bitcoin closed above $80,000 on Friday for the first time since September 7, and pushed to $81,299 over the weekend, triggering about $603 million of liquidations — $523 million of them shorts — across more than 110,000 traders. With the Fed's hike already priced and the SEC and CFTC advancing crypto rules after the CLARITY Act failed, here is what stands between BTC and the $83,000 gate.

Author Suzie

Yesterday 06: 19

Bitcoin closed above $80,000 on Friday for the first time since September 7, and pushed to $81,299 over the weekend, triggering about $603 million of liquidations — $523 million of them shorts — across more than 110,000 traders. With the Fed's hike already priced and the SEC and CFTC advancing crypto rules after the CLARITY Act failed, here is what stands between BTC and the $83,000 gate.

Popular Symbols