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Stock impact report

How A Decades-Old Medical Records Company Made A Huge AI Bet To Save Itself [Forbes]

Teladoc Health, Inc. (TDOC) 
Last teladoc health, inc. earnings: 4/29 04:05 pm Check Earnings Report
US:NYSE Investor Relations: ir.teladoc.com/investors/default.aspx
Company Research Source: Forbes
Now interim CEO Yin Ho has an audacious plan to use the $140 million acquisition of AI startup ScienceIO to tap into its one major competitive advantage over giants like Epic: data. W hat looks to be a small wine fridge is tucked away inconspicuously in the corner of Veradigm's 12th floor office in the Flatiron neighborhood of Manhattan. But rather than bottles of burgundy, the tinted glass sides reveal a server rack. Nestled among fans whirring at high speed are three of the most powerful GPU chips on the market: Nvidia H100s. These three chips – plus a couple more in a closet down the hall – power the AI models of ScienceIO, a small startup that has become the cornerstone of a Hail Mary strategy for the struggling electronic health records company formerly known as Allscripts. After reaching a $145 million settlement with the Department of Justice over receiving kickbacks from an opioid manufacturer, selling off its money-losing hospital business and failing to file financial s Show less Read more
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