GE HealthCare receives more than $44M grant to build AI-tech
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GE HealthCare (NASDAQ:GEHC) said on Monday it received a grant from the Bill & Melinda Gates foundation for more than $44M to build AI-assisted ultrasound imaging auto-assessment tools.
Caption Health, a medical AI acquired by GE HealthCare in Feb. 2023 will design the technology, which will be used in multiple ultrasound devices and probes.

The company said Caption Health will make multiple lung ultrasound and obstetric algorithms by clinical validation and regulatory submissions.
Shares in the company up 0.7% at $66.92.


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