Stocks to ride the digital health wave

Rapid advances in machine learning and data processing capabilities have brought AI to the forefront of healthcare.

Vikram Barhat 10 January, 2018 | 6:00PM

For long the development and application of medical science was restricted by the limitations of human capacity. However, leading tech giants and many tech start-ups, either autonomously or in partnership, are trying to change that.

They're doing so by marrying machine learning -- a stream of Artificial Intelligence (AI) -- to key areas of healthcare such as diagnostics and early detection of critical illnesses.

Rapid advances in machine learning and data processing capabilities have brought AI to the forefront of healthcare. Tech giants like Google, Apple and IBM are leading the AI-driven healthcare revolution that is accelerating detection, prevention and treatment of a host of medical conditions ranging from diabetes to cancer and Alzheimer's disease. These companies are pouring millions of dollars to assist or upend traditional, time-consuming diagnostic processes.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar Rating
Alphabet Inc Class C1,415.21 USD-3.43
Apple Inc107.12 USD-4.19
General Electric Co6.11 USD-2.24
International Business Machines Corp118.83 USD-1.39
NVIDIA Corp484.95 USD-4.07

About Author

Vikram Barhat

Vikram Barhat  Vikram Barhat is a freelance writer.

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