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In the News

The Mark Cuban effect on drug pricing

December 7, 2023

Mark Cuban launched an online pharmacy in 2022, pricing medications with manufacturing fee, 15% markup, shipping and handling. Subsequently, Express Scripts and CVS adopt similar approaches. U.S. drug prices are averagely 2.5 times higher than in 32 countries, with complex pricing methods. Pharmacies negotiate prices with distributors and pricing models often include markup and handling fees. With rising drug costs, many health system pharmacy leaders fear cutting services. Cuban, Express Scripts, CVS aim for more transparent pricing, while Cigna Group's Express Scripts' ClearNetwork, CVS's CostVantage and Caremark's TrueCost, UnitedHealth Group's Optum Rx, and Elevance Health plan to offer cost-based services for drugs, aiming for price transparency.

The Mark Cuban effect on drug pricing Beckers Hospital Review

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Introducing Gemini: our largest and most capable AI model

December 7, 2023

Google, Alphabet and DeepMind CEOs introduce Gemini, the largest, most capable AI model thus far. It enables significant advancements in scientific discovery, human progress and improves lives greatly. Gemini 1.0 is optimised for different sizes for use across products and services like Search, Ads, Chrome and Duet AI. The model recognises text, images, audio and more simultaneously, excelling at explaining complex reasoning in subjects like maths and physics. Gemini is being released in Google products like Bard and Pixel 8 Pro and will soon be accessible to developers and enterprise customers for their advantage. The development and deployment of Gemini strictly adhere to robust safety policies across products and Google's AI principles.

Introducing Gemini: our largest and most capable AI model Google Blog

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Google DeepMind’s new Gemini model looks amazing—but could signal peak AI hype

December 6, 2023

Google's DeepMind unveils Gemini, competitive AI against OpenAI's GPT-4. Though surpassing GPT-4 in most metrics, the advancements marginally small. Gemini, a multi-modal AI can process various inputs (text, images, audio), and a revamped Bard chatbot incorporates it. Comes in three versions tailored for different computing resources; full release pending for comprehensive safety checks. Despite superior performance on benchmarks, Gemini falls short on image and video tasks. Increased factual accuracy and attribution usage noted, however general challenges with generative AI continue. Despite criticisms, Google's CEO, Sundar Pichai, remains optimistic about multi-modal AI's potential.

Google DeepMind’s new Gemini model looks amazing—but could signal peak AI hype MIT Technology Review

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What is Gemini? Everything you should know about Google's new AI model

December 6, 2023

Google's new AI model, Gemini, can interpret text, images, videos, and audio. Available in three versions - Nano, Pro and Ultra - it is integrated with Google Bard and Google Pixel 8, and will be incorporated into other Google services. Gemini's multimodal function allows it to understand and combine various information types. Unlike other AI models such as GPT-4 which rely on plugins for multimodality, Gemini natively supports it.

What is Gemini? Everything you should know about Google's new AI model ZDNet

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Insights by Kate Gamble
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