DarwinAI gets $750K for COVID-19 AI software

By AuntMinnie.com staff writers

November 25, 2020 -- Artificial intelligence (AI) firm DarwinAI has received $750,000 from Lockheed Martin to support the development of its COVID-Net initiative, which aims to utilize AI to diagnose COVID-19 on chest radiographs.

This investment between Canada-based company and Lockheed grew from the Industrial Technological Benefits policy, which requires companies that are awarded defense procurement contracts to undertake business in Canada that is equal to the value of the contract.

The funds will be used to operationalize the project to make it accessible to clinicians and healthcare professionals, according to the company. These steps will include creating a front-end user interface to simplify ease-of-use as well as integrating the software with PACS, DarwinAI said.

The firm anticipates that the first iteration of the user interface will be used in numerous hospitals by the end of the year.

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