The $15 billion ad-powered AI startup your doctor may already be using
Nearly two-thirds of US doctors are turning to an AI-powered search engine to make patient decisions, propelling a little-known tech startup to a $15 billion valuation while prompting a debate over the future of patient care. Miami-based OpenEvidence, founded by serial entrepreneur Daniel Nadler in 2022, said that many of America’s 1 million physicians processed more than 42 million prompts last month. Doctors are using the company’s chatbot to scour medical journals and clinical guidelines to h
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An AI-powered search engine founded in 2022 helps doctors find information from medical journals and clinical guidelines to diagnose and treat patients. Nearly two-thirds of US doctors are using this ad-powered platform, which has reached a $15 billion valuation and is projected to generate hundreds of millions in advertising revenue this year. The tool has gained widespread adoption in hospitals and clinics, though researchers have raised concerns about accuracy and whether doctors might rely on it without mastering basic medical knowledge first. The company faces competition from larger AI firms and has withdrawn from the EU and UK over regulatory requirements, but its primary advantage remains organic adoption by physicians themselves.
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