Health AI’s $billions: From Savior Dreams to Tech Hangover

In 2023, health AI startups saw $14 billion chasing the cure for what ails Silicon Valley’s optimism. Big names like Google Health and Epic invested heavily, acting like modern-day alchemists promising AI could diagnose, personalize, and revolutionize by breakfast. But after a binge of data and hype, the sobering reality hit: decades-old medical problems don’t just vanish because a bot got smarter. Everyone’s realizing health AI success doesn’t come from flashy demos or million-dollar funding rounds—it’s slow, ugly, and deeply human. Meanwhile, investors are nervously eyeing burn rates, CEOs are rewriting buzzwords, and the industry faces its reckoning. Spoiler: AI isn’t Dr. House.

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Source: Statnews | Published: 8/26/2025 | Author: Mario Aguilar