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Travis Kalanick Joins Medical Tech Startup Kareo’s Board Of Directors

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Travis Kalanick, the founder and former CEO of taxi hailing startup Uber, reportedly joined the board of directors for Kareo, a medical health tech startup. Kalanick, who was an angel investor in Kareo, will be joining the board along with author and entrepreneur Rob Reid.

Kareo provides technology enabled solutions to independent medical practitioners and helps with patient communications, payments and marketing. Based in Irvine, California, the company was founded by Dan Rodrigues in 2004 and has raised close to $125 million in venture funding. The company claims to have surpassed $70 million in annual revenue. In 2015, Kareo raised $55 million from health tech fund Montreux Equity Partners along with Silver Lake Waterman and existing investors such as OpenView Venture.

Speaking about the addition to the board, Kareo spokesperson said, “The company has experienced increasing provider growth in the last year and the changes in the healthcare sector now underway further accelerate demand for Kareo’s clinical and business management platform.” The spokesperson further added Travis and Rob each have valuable experience scaling technology businesses and the company is excited to have them contribute to the continued growth and success. With the addition of Kalanick and Reid, the total number of members on the board has risen to eight. Currently, the board members of Kareo include Dan as well as Michael Matley, Managing Director at Montreux Equity Partners.

Kalanick along with Rodrigues previously co founded Scour, a music search startup, in 1997. Axios reported, in a memo Rodrigues wrote to the employees, he said Kalanick has been an “enthusiastic believer in our vision since our inception and he is excited to work with us more directly to bring innovation to healthcare and help us reach out goals for market leadership.

Travis Kalanick was asked to step down as the CEO of Uber in June last year amid multiple controversies. Since his resignations as the CEO, this is Kalanick’s first appointment. However, Travis is still a part of the Uber board.

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Meta’s AI Assistant, Meta AI: Friend or Foe for Searching Giants?

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Meta Platforms (formerly Facebook) has introduced Meta AI, an AI assistant, powered by Llama 3 language model, designed to be your one-stop shop for information, chat, and creativity. This means you can get real-time information on Facebook, WhatsApp, Messenger, and Instagram without ever leaving the app!  

 

Meta AI’s search strategy is an intriguing twist. While it may appear to be a competitor to Google and Bing, it contends that Meta AI is not a competitor, but rather a collaborator. Here’s why:

 

By relying on established search engines as sources, Meta AI positions itself as a user-friendly tool that combines the best of Google and Bing. Imagine getting results from both Google and Bing in the same search. As you are exposed to different points of view, you may gain a more comprehensive understanding of the subject. They’re calling it the “most intelligent AI assistant that you can freely use,” so it will be interesting to see how it compares to other assistants on the market. 

 

How does Meta AI help you? 

 

Search Powerhouse: Meta AI combines Google Search and Microsoft Bing results to provide you with a more comprehensive view of your queries.

 

Chatty companions: Need answers or simply want to talk? Type “@MetaAI” into Facebook Messenger, Instagram, or WhatsApp and let the conversation begin.

 

Creative Spark: Feeling artistic? Meta AI allows you to create custom stickers and photos based on your text descriptions.

 

Where to Find Your Meta-AI Buddy:

 

  • Look for Meta AI in the search bars on Facebook, Instagram, Messenger, and WhatsApp.
  • To respond to posts, interact with Meta AI directly in Facebook’s main feed.
  • Explore the new meta.ai website for extended conversations.
  • Type “Imagine” into your WhatsApp chat to generate real-time images.
  • The future may even include access via Meta’s VR headsets and Ray-Ban smart glasses.

 

The Future of AI Assistants

 

Only time will tell how Meta AI integrates into our lives, but it certainly offers a glimpse into an interactive future where AI assistants cater to our search, chat, and creative needs.  Whether Meta AI becomes a true partner to search giants or forges its own path remains to be seen.

 

Meta AI promises a brand new way to search and interact with information.  Do you think this AI assistant will change the way we use social media? Share your thoughts in the comments below! 

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Suki: This Startup Wants To Transform Healthcare With Its Artificial Intelligence Tool

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Suki: This Startup Wants To Transform Healthcare With Its Artificial Intelligence Tool

We live in a rapidly transforming era where humanity is making exponential leaps in technology.  Thirty years ago, no one would have believed you could talk to an online voice assistant to create tasks and get things done.  Ten years ago, no one would have believed humanity would land robots on Mars.  Technology truly has improved the quality of living of every human who owns a smartphone and has access to an internet connection.  Voice assistants are slowly replacing manual tasks and making lives easier and efficient.  Siri, Alexa, Google Voice Assistant are just some of the widely used artificial intelligence based tools which are employed on a daily basis.  Artificial intelligence, which is hailed as the technology of the future is now slowly making its way into much more complex domains like self driving vehicles, quantum computing and also health care.

Suki, a United States of America based startup founded by Punit Soni, developed their own voice assistant which runs on artificial intelligence to simplify healthcare for doctors and other healthcare professionals.  In simple terms, Suki is akin to Siri for doctors.  While you could order a pizza or schedule an appointment on Siri, doctors could modify, edit and add health records of their patients.  Suki is a powerful tool to help doctors with documentation of health records which often take hours of their (doctors) time.  

Suki currently focuses on documentation but has the potential to expand its usage to data queries, ordering, prescribing and billing.  According to a white paper published by Suki, using its technology increases the time a doctor spends with a patient by 12% by cutting note taking time by 76%.  The time which is saved also brings in a financial benefit of $30,000 more in revenue a year on average for doctors.  

Suki raised a $ 20 million Series B round from Flare Capital Partners, First Round Capital, and Venrock, doubling its total funding to $ 40 million since its 2017 launch.  Suki is also looking to expand its reach in India and has decided to establish Bangalore as their base of operations.  India holds a lot of potential for Suki considering the amount of manual work which goes into almost any sector.  

It would be interesting to watch how Suki and other similar AI based startups would transform healthcare across the world.

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Leher Versus Clubhouse: Which Audio Listening Startup Would You Choose?

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Clubhouse is a new type of social networking platform which is an audio only platform.  This means every conversation takes place through audio where users speak to let their thoughts known.  Users can create and host rooms where speakers will talk about a particular topic.  Originating in the Silicon Valley, Clubhouse attracted some major names onto its platform like Elon Musk, Evan Williams, Reddit co founder Alexis Ohanian, former Y Combinator President Sam Altman, AngelList co founder Naval Ravikant, Ashton Kuthcer, Oprah Winfrey, Drake, Kevin Hart and many others are some of the influential personalities who are on Clubhouse.  There is however a catch as Clubhouse is currently limited to iOS.

Leher is an Indian made alternative to Clubhouse and is a similar audio sharing and listening startup.  Leher also has video support unlike Clubhouse and is also available for both Android and iOS.  However, Leher does not have the biggest names in the world on its platform but it does have significant micro influencers and is growing at a rapid pace.  Within 180 days of its beta version launch, the company claimed to have its users spend about 44 minutes every day and 250,000 minutes per month for live video sessions.

We at Startup Stories are curious to see which among Leher or Clubhouse would our readers choose to take part in a virtual discussion.  Please let us know your answer in the poll below.

Which Audio Listening Startup Would You Choose?

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