Mentioned:
HYPR -6.67% NVDA -6.20% AIFF -8.77%

There’s a publicly traded company in America focused on changing the future of MRI technology. And now, Nvidia is behind them too.

What’s happening:

  • Hyperfine (NASDAQ: HYPR) and Nvidia (NASDAQ: NVDA) have announced a new collaboration to leverage artificial intelligence and accelerated computing to make new technology breakthroughs for MRI diagnostics

Why it matters:

  • Hyperfine has developed one of the world’s first fully portable MRI machines that has been cleared by the United States Food and Drug Administration known as Swoop

Going deeper:

  • The new partnership between Nvidia and Hyperfine will largely be focused on finding new ways to make MRI technology faster, more precise and also more affordable globally
  • Nividia will also leverage their leading edge training and inference tools to improve the image quality Swoop is capable of as well as reduce the total amount of time required to complete a scan
  • Currently, more than 90% of the global population lacks access to MRI diagnostics due to the high costs of traditional MRI machines as well as the infrastructure required

The intrigue: