Nvidia says to invest in French medical website
Doctolib chief executive Stanislas Niox-Chateau told AFP that the funds will help it speed up hiring and development of its in-house AI models
Nvidia, a leading AI chip manufacturer, has announced plans to invest in the French medical website Doctolib, aiming to utilize their technology to enhance healthcare services. The minority stake investment, although not specified, was revealed to be at least $8 billion in Europe during the past year by Nvidia's CEO, Jensen Huang, during a press conference in Paris.
Doctolib, a private online platform, facilitates appointment scheduling with physicians and enables patients to store and share medical records. In August, the company launched an AI research program utilizing data from its 50 million users to enhance healthcare system navigation. Doctolib's CEO, Stanislas Niox-Chateau, explained that the investment would aid in accelerating hiring and the development of in-house AI models to power personal assistants for patients and doctors, as well as streamline administrative tasks.
Niox-Chateau emphasized that Nvidia's chips would be used to develop AI models that Doctolib retains control over, rather than relying on proprietary AI models from competitors such as OpenAI or Anthropic. The company was valued at 3.6 billion euros ($4.0 billion) in its most recent funding round earlier this year.
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