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Nvidia Takes Minority Stake in Doctolib

Doctolib says the investment will speed hiring of AI staff and model training, with health data and models kept on servers inside the EU and the UK.

Overview

  • Doctolib confirmed late Tuesday that Nvidia has become a minority shareholder and that the companies will work together on AI development.
  • Doctolib says the cash will speed recruitment of AI engineers and support training of its language models used for appointment booking, administrative tools, and a telephone assistant.
  • The company said all patient health data and its AI models will remain stored inside the European Union and the United Kingdom and under Doctolib’s control.
  • Nvidia and Doctolib have not disclosed the exact size of the stake, and Doctolib said Nvidia will not take a seat on its board, leaving operational details and timelines unsettled.
  • The investment extends Nvidia’s strategy of investing in AI customers and infrastructure after recent deals such as the acquisition of Hugging Face and large chip investments in Europe.