On Tuesday, Bayer AG (OTC:BAYRY) and Alphabet Inc’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google Cloud announced an exciting collaboration aimed at developing artificial intelligence (AI) solutions to support radiologists in their critical work.
As part of this collaboration, Bayer will leverage Google Cloud’s cutting-edge technology, including its generative AI (gen AI) tools, to enhance its platform for accelerating the development and deployment of AI-powered healthcare applications, specifically focusing on radiology.
The primary objective of this partnership is to address the challenges associated with building scalable and compliant AI-powered medical imaging software products. By harnessing Google Cloud’s robust data security capabilities and leveraging Bayer’s expertise in healthcare, the collaboration aims to expedite the development of impactful solutions in the field of radiology.
Medical imaging data plays a crucial role in healthcare, constituting approximately 90% of all healthcare data. However, interpreting these complex images poses challenges for radiologists and healthcare professionals due to the sheer volume of data and the need for accurate diagnosis.
With billions of medical images being scanned globally each year, there is a growing demand for innovative solutions to streamline the interpretation process and improve patient care. The gen AI platform developed as part of this collaboration aims to address this need by flagging anomalies within images and providing relevant patient information, thereby assisting radiologists in their decision-making process.
For instance, the platform can detect abnormalities in breast cancer screening images, compare them to prior screenings, and provide a summary of the patient’s medical history. This functionality not only enhances efficiency but also ensures that radiologists have access to comprehensive information without the need for extensive manual searches.
By deploying gen AI medical solutions standardized for flexible integration across compatible healthcare systems, healthcare and life science companies can analyze field data for insights, detect biases, and continuously improve the quality of care.
The platform, built on Google Cloud and utilizing tools like Vertex AI, BigQuery, Healthcare API, and Chronicle, will undergo extended testing and refinement before its official launch later this year in the EU and U.S. This collaboration represents a significant step forward in leveraging AI technology to enhance healthcare delivery and improve patient outcomes.