Microsoft’s Mustafa Suleyman recruiting Google DeepMind talent, Raymond plans AI healthcare benefits: Report – Alphabet (NASDAQ: GOOG ), Alphabet (NASDAQ: GOOGL )

Microsoft Corporation Microsoft Corporation Significant progress reportedly made in AI healthcare by recruiting former employees Alphabaet Corporation Google Google Google deep thinking staff.

what happened Mustafa SuleimanAccording to the Financial Times, the co-founder of DeepMind in 2010 and now head of artificial intelligence at Microsoft is spearheading the initiative.

he has brought Dominic KingFormer head of DeepMind’s health division, serves as vice president of Microsoft’s new AI health team in London.

Christopher KellyClinical research scientists from DeepMind also joined the team, along with two other former colleagues from the AI ​​startup.

See also: Trump announces plans to have dinner with Amazon founder Jeff Bezos, billionaire rivals turn unexpected ally after years of conflict

Microsoft’s new Consumer Artificial Intelligence Health division aims to leverage generative artificial intelligence for health-related applications to meet the growing trend of consumers seeking health information online.

Microsoft confirmed the formation of the new unit in a reporting statement and highlighted the importance of health as a key use case for responsible artificial intelligence. “We will continue to hire top talent to support these efforts.”

Microsoft did not immediately respond to Benzinga’s request for comment.

subscription Benzinga Technology Trends Newsletter Get all the latest technology developments delivered to your inbox.

Why it’s important: Amid the ongoing artificial intelligence boom, the healthcare industry has emerged as an important growth area.

According to a 2023 Deloitte Center for Health Solutions survey of 2,014 U.S. adults, more than half (53%) of respondents believe generative AI can improve access to health care, while 46% believe it Expected to reduce health care costs.

Additionally, 48% said they use generative AI chatbots, e.g. Open artificial intelligence Chat GPT, Google Gemini, microsoft copilotand Claude Seek health-related assistance.

At the same time, Microsoft has been actively pushing the boundaries of artificial intelligence. At last month’s Ignite conference, the company unveiled more than 80 product enhancements.

At the time, J.P. Morgan analysts Mark Murphy said that Microsoft is uniquely positioned in the market to inject GenAI into applications and infrastructure stacks.

Microsoft’s artificial intelligence business is also expected to exceed $10 billion in annual revenue, becoming the fastest-growing division in the company’s history. CEO Satya Nadella The rapid adoption of artificial intelligence across the company’s product portfolio was highlighted during the first-quarter earnings call.

See more from Benzinga’s Consumer Technology Report follow this link.

Read next:

Disclaimer: This content was produced in part with the help of benzingine nerve and is reviewed and published by Benzinga editors.