Babylon Health's Rise and Fall: The UK Health Startup That Struggled to Deliver on AI Promises
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Babylon Health was a UK health-tech startup that raised huge amounts of funding but struggled to deliver on its AI promises.
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The company rushed to build products without properly developing the technology, often faking demos.
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Babylon expanded too quickly globally without tailoring products to new markets.
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The symptom checker app was criticized for clinical errors and data breaches.
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Babylon failed financially after struggling to turn a profit in the UK and lacking a sustainable business model in the US.