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OpenAI and Anthropic are making their play for healthcare, and we're not surprised

32 min episode · 2 min read
·

Episode

32 min

Read time

2 min

Topics

Productivity, Health & Wellness, Investing

AI-Generated Summary

Key Takeaways

  • Healthcare AI concentration: OpenAI acquired Torch and invested $250M in Merge Labs at $850M valuation while Anthropic launched Claude for healthcare, signaling major AI companies clustering around health applications despite ongoing accuracy and hallucination concerns in medical contexts.
  • Fusion energy funding surge: Type One Energy raised $87M convertible note while pursuing $250M Series B at $900M pre-money valuation, driven by massive data center energy demands requiring long-term power solutions beyond near-term renewables and natural gas approaches.
  • Enterprise software disruption risk: Anthropic's Claude Cowork tool threatens traditional enterprise software companies like Salesforce by offering AI agents that accomplish tasks across multiple applications, potentially eliminating need for expensive specialized software while raising significant security and privacy concerns.
  • Voice AI revenue validation: Eleven Labs generated $330M ARR while Voice Run raised $5.5M for voice agent factory, demonstrating commercial viability despite concerns about rapid technology changes making individual voice startups vulnerable to nimbler competitors with better technology stacks.

What It Covers

AI companies OpenAI and Anthropic expand into healthcare with new products and acquisitions while enterprise software faces disruption from AI agents. Fusion energy startup Type One raises $87M convertible note amid surging data center demand.

Key Questions Answered

  • Healthcare AI concentration: OpenAI acquired Torch and invested $250M in Merge Labs at $850M valuation while Anthropic launched Claude for healthcare, signaling major AI companies clustering around health applications despite ongoing accuracy and hallucination concerns in medical contexts.
  • Fusion energy funding surge: Type One Energy raised $87M convertible note while pursuing $250M Series B at $900M pre-money valuation, driven by massive data center energy demands requiring long-term power solutions beyond near-term renewables and natural gas approaches.
  • Enterprise software disruption risk: Anthropic's Claude Cowork tool threatens traditional enterprise software companies like Salesforce by offering AI agents that accomplish tasks across multiple applications, potentially eliminating need for expensive specialized software while raising significant security and privacy concerns.
  • Voice AI revenue validation: Eleven Labs generated $330M ARR while Voice Run raised $5.5M for voice agent factory, demonstrating commercial viability despite concerns about rapid technology changes making individual voice startups vulnerable to nimbler competitors with better technology stacks.

Notable Moment

The discussion highlighted how tech observers celebrate AI organizing messy desktops as artificial general intelligence, revealing a significant gap between actual capabilities and the transformative AGI claims being made about current AI agent tools.

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Episode Transcript

Ready to ship AI that works? Start building at mongodp.com/build. Hello, and welcome back to Equity TechCrunch's podcast about the business of startups. Today is Friday, January 16. I'm Kirsten Koroszek, transportation and climate editor here at TechCrunch, and I'm joined by Anthony, our weekend editor, and senior reporter Sean O'Kane. Hi, you too. Anthony, you're in the city, in New York City specifically, and I'm wondering based on some news that happened this week, if you've seen any Waymo's testing in and around New York City at all. I I don't necessarily get to every single part of the city, so maybe they're they're somewhere, but, no, I haven't seen any myself. Now as I understand it, there has been some news about robo taxis getting approved in New York state, but New York City is somewhat accepted from that? Yeah. So, basically so New York just in general has been very, very, very difficult for robotoxy companies to get into in part because there's this funny state law, which makes a lot of sense for human drivers by the way that basically says, hey, human drivers, you have to have one hand on the steering wheel at all times. You can't go no hands. But now with the innovation around robotaxis in which you wouldn't have a human driver theoretically behind a steering wheel, there is no hand to put on the steering wheel. So this week, the governor in her state of the state address did touch on how she's gonna put together a proposal. It's supposed to be in the executive budget that's going to essentially allow robotaxis with some guardrails to scale commercially in the state, so they would have an exemption. They'd be able to do that. Separately, the city has been working with Waymo and has given them a permit, an exemption that allows them to test and operate in the city, not commercially though, and that permit was just extended to the March. Do you have a sense of where those tests are happening? Well, I do actually because another one of our coworkers, which is funny because it is not in New York City, but Zach Whitaker said he's seen that in Jersey City. So I'm not really sure what's going on if maybe there's a depot over there and then they're coming somehow into New York City. I'm I'm not really clear. Alright. Well, if we have any listeners in New York City and they spot Waymo's testing, they can shoot us an email. I did also wanna briefly mention another piece of news from the week before we get to the main show, which is Bandcamp said that it's basically banning AI music from the platform, which I think is, you know, kind of standing in stark contrast to any of the big music streaming platforms, which are generally trying to experiment with AI in different ways. It it was a pretty, like, straightforward kind of no AI. We're …

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Books, tools, and gear mentioned in this episode

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Tools

  • by Anthropic

    Anthropic launched Claude for healthcare, signaling major AI companies clustering around health applications
  • by Anthropic

    Anthropic's Claude Cowork tool threatens traditional enterprise software companies like Salesforce by offering AI agents
  • by MongoDB

    SPONSORS: MongoDB at mongodb.com/build

company

  • Type One Energy raised $87M convertible note while pursuing $250M Series B at $900M pre-money valuation
  • Eleven Labs generated $330M ARR while Voice Run raised $5.5M for voice agent factory
  • OpenAI acquired Torch and invested $250M in Merge Labs at $850M valuation
  • OpenAI acquired Torch and invested $250M in Merge Labs at $850M valuation
  • Eleven Labs generated $330M ARR while Voice Run raised $5.5M for voice agent factory

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