Google announced MedLM on Wednesday, a set of new health-specific artificial intelligence models designed to help doctors and researchers conduct complex studies, summarize doctor-patient interactions and more.
The move marks Google's latest attempt to monetize AI tools in the healthcare sector, as competition for market share remains fierce among competitors such as Amazon and Microsoft. CNBC spoke with companies that have been testing Google's technology, such as HCA Healthcare, and experts say the potential for impact is real, though they are taking steps to implement it carefully.
The MedLM suite includes a large and medium AI model, both based on Med-PaLM 2, a large language model trained on medical data that Google first announced in March. It's generally available to eligible Google Cloud customers in the U.S. starting Wednesday, and Google said that while the cost of the AI ​​suite varies based on how companies use the different models, the of medium size is less expensive to run.
Google said it also plans to introduce specific versions of Gemini, the company's newest and “most capable” AI model, to MedLM in the future.
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