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Google Is Developing An AI Cancer-Spotting Microscope

The search giant has teamed up with the US Department of Defense to build the new detection tool.

Published

10 months ago

September 21, 2023

google is developing an ai cancer-spotting microscope

Google has developed an “Augmented Reality Microscope” (ARM) in collaboration with the US Department of Defense. The prototype uses AI enhancements to add real-time visual indicators such as heat maps or object boundaries, making identifying the presence of known pathogens and cancer cells easier.

The ARM was first teased in 2018, and the latest prototype has still not been used to diagnose real patients. After further testing, Google hopes that the technology will be “retrofitted into existing light microscopes in hospitals and clinics”. Once installed, ARM-equipped microscopes will give clinicians a variety of visual feedback cues, including text, arrows, contours, animations and heat maps.

google ai powered cancer spotting microscope

The US Department of Defense’s “Defense Innovation Unit” has already negotiated agreements with Google to enable Augmented Reality Microscope distribution through military channels. ARM is expected to cost $90,000 to $100,000 per unit — a figure well beyond many local health providers.

Also Read: Canadian University Dubai Students Create Smart Garbage Bin

This is not the first time Google Health has invested in AI-powered diagnostic tools. Parent company Alphabet already has a strong record of partnering with startups that invest in AI to “improve healthcare” and is projected to have spent over $200 billion on AI technology over the past decade — something that’s especially noteworthy at a time when the World Health Organization is predicting a worldwide deficit of 15 million health care workers by 2030.

Related Topics:Artificial Intelligence Google HealthTech

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Mamo Completes $3.4M Funding Round To Enhance Fintech Services

The startup will use the influx of cash to expand into Saudi Arabia and across the wider GCC while improving its product offering.

Published

1 day ago

July 25, 2024

Nour Nasir

Mamo

UAE-based fintech Mamo has announced the completion of a $3.4 million funding round that will help the startup extend its market presence and improve its product offering. Investors included 4DX Ventures, the Dubai Future District Fund and Cyfr Capital.

Mamo’s platform offers “payment collection, corporate cards and expense management” to help small and medium-sized businesses consolidate and streamline their operations. With the latest influx of capital, Mamo will further develop its comprehensive suite of services and begin testing its product lines in Saudi Arabia, further extending its footprint across the GCC.

Imad Gharazeddine, co-founder and CEO of Mamo, stated: “We’ve been in the market for a while now and are incredibly proud of what our team has achieved. The holistic and expansive nature of our product offering has helped us continue to grow sustainably. This additional funding will allow us to reach our medium-term goals even faster. The support from new and existing investors is a testament to our strong expertise and the ability to deliver on our customer promise”.

Daniel Marlo, General Partner of lead investor 4DX Ventures, added: “We have immense trust in Imad’s vision, leadership and Mamo’s innovative approach to provide a user-friendly and comprehensive financial solution for SMEs that makes financial management more accessible and efficient. We are proud to partner with them and support their mission”.

Also Read: A Guide To Digital Payment Methods In The Middle East

Amer Fatayer, Managing Director of Dubai Future District Fund’s investment team, also commented: “Mamo’s localized product lines serve as an infrastructure for SME payments and spend management in UAE, a segment that is underserved by the country’s current banking infrastructure. The team has taken a product-first approach to consolidating SMEs’ financial journeys and building a fintech solution deeply embedded in a business’s core operations”.

To date, Mamo has raised around $13 million in investment funding and now boasts a team of 30 people. The company’s intuitive financial services platform has allowed over 1,000 businesses to consolidate their financial operations and significantly reduce payment fees.