12 AI News and Analyst Ratings You Probably Missed

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9. Koninklijke Philips N.V. (NYSE:PHG)

Number of Hedge Fund Holders: 12

Koninklijke Philips N.V. (NYSE:PHG) is a global health technology company offering diagnostic imaging, patient care solutions, and personal health products.

On March 24, Philips (NYSE:PHG) announced that it has expanded its partnership with Ibex Medical Analytics and introduced Philips IntelliSite Pathology Solution (PIPS) 6.0 to advance AI-powered digital pathology. The collaboration aims to improve diagnostic accuracy and efficiency, addressing the global shortage of pathologists and the increasing demand for cancer diagnostics.

The integration of Ibex’s AI with PIPS improves workflows, enabling AI-driven cancer detection and reporting while streamlining case prioritization. PIPS 6.0 introduces improved navigation, AI-driven insights, and cloud-based archival solutions in partnership with Amazon Web Services, allowing secure data storage and management. These advancements support more efficient pathology workflows and improved patient care.

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