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Medtronic CEO Geoffrey Martha said the company has formed an AI center of excellence at centralizing key data assets including millions of patient datasets, regulatory experience, analytics knowhow, and medical device expertise.
Two Year IPO Drought Coming To An End
In 2023, only 148 companies completed an initial public offering (IPO). This was the worst year on record and followed a 15% decline from the number of IPO's in 2022, another disappointing year. In 2023, ARM was the sole blockbuster tech IPO.
After a brutal two years with a paucity of tech IPOs, the market is poised for a resurgence in 2024.
AI and biology have the potential to greatly benefit humanity in several ways. Here are some key illustrative opportunities to consider: