Thursday, May 7, 2026
  • About Web3Wire
  • Web3Wire NFTs
  • .w3w TLD
  • $W3W Token
  • Web3Wire DAO
  • Media Network
  • RSS Feed
  • Contact Us
Web3Wire
No Result
View All Result
  • Home
  • Web3
    • Latest
    • AI
    • Business
    • Blockchain
    • Cryptocurrencies
    • Decentralized Finance
    • Metaverse
    • Non-Fungible Token
    • Press Release
  • Technology
    • Consumer Tech
    • Digital Fashion
    • Editor’s Choice
    • Guides
    • Stories
  • Coins
    • Top 10 Coins
    • Top 50 Coins
    • Top 100 Coins
    • All Coins
  • Exchanges
    • Top 10 Crypto Exchanges
    • Top 50 Crypto Exchanges
    • Top 100 Crypto Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks
  • Events
  • News
    • Latest Crypto News
    • Latest DeFi News
    • Latest Web3 News
  • Home
  • Web3
    • Latest
    • AI
    • Business
    • Blockchain
    • Cryptocurrencies
    • Decentralized Finance
    • Metaverse
    • Non-Fungible Token
    • Press Release
  • Technology
    • Consumer Tech
    • Digital Fashion
    • Editor’s Choice
    • Guides
    • Stories
  • Coins
    • Top 10 Coins
    • Top 50 Coins
    • Top 100 Coins
    • All Coins
  • Exchanges
    • Top 10 Crypto Exchanges
    • Top 50 Crypto Exchanges
    • Top 100 Crypto Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks
  • Events
  • News
    • Latest Crypto News
    • Latest DeFi News
    • Latest Web3 News
No Result
View All Result
Web3Wire
No Result
View All Result
Home Artificial Intelligence

John Snow Labs Closes 2024 with Record Revenue, Customer Base Growth, and Open-Source Adoption, Thanks to State-of-the-art Healthcare-Specific Large Language Models

January 16, 2025
in Artificial Intelligence, GlobeNewswire, Web3
Reading Time: 5 mins read
5
SHARES
245
VIEWS
Share on TwitterShare on LinkedInShare on Facebook

LEWES, Del., Jan. 15, 2025 (GLOBE NEWSWIRE) — John Snow Labs, the healthcare AI company, today announced record adoption of its open-source and healthcare-specific large language models (LLM) and natural language processing (NLP) solutions in 2024. This is the result of a concentrated effort to deeply integrate its technology across a range of cloud and data platforms, making it easier for customers to adopt and leverage its technology in a private, safe, and scalable way.

Customer Success

Against the hype cycle around Generative AI and “rush-to-pilot” across industries, John Snow Labs has focused on helping its customers get production-grade LLMs into use, so a real return on investment is achieved. This requires tackling challenges of privacy, security, integration, and scalability early on – crucial in a high-compliance industry like healthcare. Public case studies of successful initiatives published this year include:

Peer-Reviewed, State-of-the-art Accuracy

John Snow Labs is relentlessly focused on providing the healthcare and life science ecosystem with the most accurate and capable AI models ever developed. Because state-of-the-art continues evolving at a breakneck pace, the team trains and tunes dozens of models each week, benchmarking and reproducing every new research innovation and novel technique. This involves daily collaboration between teams of data scientists and medical doctors to develop unique, high-quality datasets and benchmarks that correctly apply current medical knowledge. Outcomes from this effort include peer-reviewed papers establishing new state-of-the accuracy across the most common clinical language understanding tasks.

A sample of the company’s state-of-the-art excellence includes

  • John Snow Labs’ “small” healthcare-specific LLM preferred 45%-92% more often on the dimensions of factuality, clinical relevance, and conciseness in a blind evaluation by practicing medical doctors versus GPT-4.
  • John Snow Labs’ models making significantly fewer errors than the comparable AWS (50%), Azure (475%), and GCP (575%) services, respectively, while also outperforming ChatGPT by 33% on automated de-identification of a large real-world clinical text dataset.

On the task of question-answering about patient histories (Medical Text-to-SQL), John Snow Labs’ models outperformed GPT-4 by 15 points in logical form accuracy and by a wider margin open-source model based on Llama and Defog

Open-Source Contributions and Adoption

John Snow Labs continues to contribute to the open-source community with two teams focused on scalable language understanding (Spark NLP) and responsible AI (LangTest). Momentum in 2024 includes:

  • Spark NLP adoption growing to 130 million total downloads-50 million more than the previous year.
  • The curated Models Hub crossed 100,000 models, of which 63% are now LLMs. In contrast to community hubs like Hugging Face, this is an enterprise-focused hub to which only select models get accepted to after passing security, accuracy, and scalability tests.

Spark NLP now provides private batch inference for LLMs on commodity hardware, offering a more economical and faster way to process large amounts of LLM tasks.

“There are two things we promise our customers and the open-source ecosystem right now, said David Talby, CTO, John Snow Labs “The first is that we will keep you at the state-of-the-art, making sure access to the best healthcare AI ever created is always available. The second is that we’ll help you build solutions that are safe, effective, and production-grade – the ones you’ll benefit from after the AI bubbles burst.”

About John Snow Labs
John Snow Labs, the AI for healthcare company, provides state-of-the-art software, models, and data to help healthcare and life science organizations put AI to good use. Developer of Spark NLP, Healthcare NLP, the Healthcare GPT LLM, the Generative AI Lab No-Code Platform, and the Medical Chatbot, John Snow Labs’ award-winning medical AI software powers the world’s leading pharmaceuticals, academic medical centers, and health technology companies. Creator and host of The NLP Summit, the company is committed to further educating and advancing the global AI community.

Contact
For media inquiries:
Ida Lucente
John Snow Labs
ida@johnsnowlabs.com

About Web3Wire
Web3Wire – Information, news, press releases, events and research articles about Web3, Metaverse, Blockchain, Artificial Intelligence, Cryptocurrencies, Decentralized Finance, NFTs and Gaming.
Visit Web3Wire for Web3 News and Events, Block3Wire for the latest Blockchain news and Meta3Wire to stay updated with Metaverse News.
ShareTweet1ShareSendShare2
Previous Post

CyberFOX and Carahsoft Partner to Bring Access Management Solutions to Government Agencies

Next Post

Growing at 20.5% CAGR | The IoT in Smart Cities Market Reach USD 931.5 Billion Globally by 2032

Related Posts

Himax Technologies, Inc. Declares Cash Dividend for FY2025

TAINAN, Taiwan, May 07, 2026 (GLOBE NEWSWIRE) -- Himax Technologies, Inc. (Nasdaq: HIMX) (“Himax” or “Company”), a leading supplier and fabless manufacturer of display drivers and other semiconductor products, today declared a cash dividend of 25.2 cents per ADS, equivalent to 12.6 cents per ordinary share, for the year of...

Read moreDetails

ESET Research uncovers CallPhantom scam on Google Play: Fake logs for real money

A new Android scam, CallPhantom, falsely claims to provide access to call logs, SMS records, and WhatsApp call history for any phone number in exchange for payment. We identified and reported 28 separate CallPhantom apps on Google Play, cumulatively downloaded more than 7.3 million times. Some CallPhantom apps sidestep Google...

Read moreDetails

Other World Computing (OWC) Expands UK Channel with M2M Direct Distribution Partnership

WOODSTOCK, Ill., May 07, 2026 (GLOBE NEWSWIRE) -- Other World Computing (OWC®), a trusted leader in high-performance storage, memory, connectivity, software, and accessories that empower creative and business professionals to maximize performance, enhance reliability, and streamline workflows, today announced the appointment of M2M Direct as a UK distribution partner. Effective...

Read moreDetails

LinkedIn partners with the Digital Vending Machine® from Bango to expand Premium reach through bundling

CAMBRIDGE, United Kingdom, May 07, 2026 (GLOBE NEWSWIRE) -- Bango (AIM: BGO), the leader in subscription bundling, today announced an agreement with LinkedIn, the world’s largest professional network, to join the Digital Vending Machine® (DVM™) from Bango. This partnership enables LinkedIn to broaden the reach of its Premium subscription through...

Read moreDetails

Montran Appoints P. Ramasubramani as Chief Commercial Officer for India

Veteran payments and BFSI leader to drive growth across India and support cross-regional expansion into MENA, APAC, and AfricaMUMBAI, India , May 6, 2026 /PRNewswire/ -- Montran, a global provider of payment and capital market infrastructure solutions with operations in over 90 countries, has appointed P. Ramasubramani (Ram) as Chief Commercial...

Read moreDetails

Crypto News Today: AlphaPepe Presale Crosses $1.1M Whilst Bitcoin Price Prediction Points To $250,000

MONACO, May 06, 2026 (GLOBE NEWSWIRE) -- Crypto news today is turning toward AlphaPepe after the presale crossed $1.1 million raised during Stage 15, pushing the project deeper into its Q2 launch window ahead of the exchange debut. The move comes as Bitcoin price prediction headlines bring the $250,000 bull...

Read moreDetails

Axavive Skin Exploding in 2026: Can This “Golden Seed Switch” Really Transform Your Skin?

Tallmadge, OH, May 06, 2026 (GLOBE NEWSWIRE) -- Consumer interest in Axavive, a botanical skin support supplement, has surged in 2026, prompting deeper analysis of its ingredient profile, pricing structure, and advertised benefits. As buyers increasingly research products before purchasing, Axavive has become a focal point for those evaluating anti-aging and...

Read moreDetails

Orezone Provides Notice of First Quarter 2026 Results

VANCOUVER, British Columbia, May 06, 2026 (GLOBE NEWSWIRE) -- Orezone Gold Corporation (TSX: ORE | ASX: ORE | OTCQX: ORZCF) will announce its first quarter 2026 results on Wednesday, May 13, 2026, after TSX market close. The Company will host a conference call and audio webcast to discuss these results...

Read moreDetails

Inspired Entertainment Extends Long-Term Agreement with Paddy Power for Gaming Terminals and Content

NEW YORK, May 06, 2026 (GLOBE NEWSWIRE) -- Inspired Entertainment, Inc. (“Inspired” or the “Company”) (NASDAQ: INSE), a leading B2B provider of gaming content, systems, and solutions, today announced that it has signed a long-term contract extension as the exclusive provider of gaming terminals and content to Paddy Power, a...

Read moreDetails

Vertical Data Inc. to Present at the LD Micro Invitational XVI

CEO Deven Soni to outline the Company's approach to addressing capital and deployment constraints in AI infrastructure LAS VEGAS, NV / ACCESS Newswire / May 6, 2026 / Vertical Data Inc. (OTCQB:VDTA) announced today that it will be participating in the 16th Annual LD Micro Invitational at the Luxe Sunset...

Read moreDetails
Web3Wire NFTs - The Web3 Collective

Web3Wire, $W3W Token and .w3w tld Whitepaper

Web3Wire, $W3W Token and .w3w tld Whitepaper

Claim your space in Web3 with .w3w Domain!

Web3Wire

Trending on Web3Wire

  • Top Cross-Chain DeFi Solutions to Watch by 2025

    91 shares
    Share 36 Tweet 23
  • Unifying Blockchain Ecosystems: 2024 Guide to Cross-Chain Interoperability

    162 shares
    Share 65 Tweet 41
  • 74Software completes refinancing of its Term Loans and Revolving Credit Facility

    7 shares
    Share 3 Tweet 2
  • Discover 2025’s Top 5 Promising Low-Cap Crypto Gems

    99 shares
    Share 40 Tweet 25
  • Cross-Chain Liquidity, Meet Reality: Why 2026’s Bridge Wars Look Different

    8 shares
    Share 3 Tweet 2
Join our Web3Wire Community!

Our newsletters are only twice a month, reaching around 10000+ Blockchain Companies, 800 Web3 VCs, 600 Blockchain Journalists and Media Houses.


* We wont pass your details on to anyone else and we hate spam as much as you do. By clicking the signup button you agree to our Terms of Use and Privacy Policy.

Web3Wire Podcasts

Upcoming Events

There are currently no events.

Latest on Web3Wire

  • CivilOne Announces Acquisition of Dwyer Engineering, Expanding Civil Engineering Capabilities in Southern Nevada
  • Himax Technologies, Inc. Declares Cash Dividend for FY2025
  • ESET Research uncovers CallPhantom scam on Google Play: Fake logs for real money
  • Other World Computing (OWC) Expands UK Channel with M2M Direct Distribution Partnership
  • LinkedIn partners with the Digital Vending Machine® from Bango to expand Premium reach through bundling

RSS Latest on Block3Wire

  • The Algorithmic Monographs: A Five-Volume Civil Code for the Age of Autonomous Intelligence
  • Ali Sadhik Shaik: Practitioner, Scholar, and Author – Focused on the Governance of Intelligent Systems
  • The Klyrox Protocol: A Decentralized Framework to Close the AI Accountability Gap
  • Covo Finance: Revolutionary Crypto Leverage Trading Platform
  • WorldStrides and HEX Announce Partnership to Offer High School and University Students Innovative Courses Designed to Improve Their Outlook in the Digital Age

RSS Latest on Meta3Wire

  • The Algorithmic Monographs: A Five-Volume Civil Code for the Age of Autonomous Intelligence
  • Ali Sadhik Shaik: Practitioner, Scholar, and Author – Focused on the Governance of Intelligent Systems
  • The Klyrox Protocol: A Decentralized Framework to Close the AI Accountability Gap
  • Thumbtack Honored as a 2023 Transform Awards Winner
  • Accenture Invests in Looking Glass to Accelerate Shift from 2D to 3D
Web3Wire

Web3Wire is your go-to source for the latest insights and updates in Web3, Metaverse, Blockchain, AI, Cryptocurrencies, DeFi, NFTs, and Gaming. We provide comprehensive coverage through news, press releases, event updates, and research articles, keeping you informed about the rapidly evolving digital world.

  • About Web3Wire
  • Founder’s Note
  • Web3Wire NFTs – The Web3 Collective
  • .w3w TLD
  • $W3W Token
  • Web3Wire DAO
  • Event Partners
  • Community Partners
  • Our Media Network
  • Media Kit
  • RSS Feeds
  • Contact Us

Crypto Coins

  • Top 10 Coins
  • Top 50 Coins
  • Top 100 Coins
  • All Coins – Marketcap
  • Crypto Coins Heatmap

Crypto Exchanges

  • Top 10 Exchanges
  • Top 50 Exchanges
  • Top 100 Exchanges
  • All Crypto Exchanges

Crypto Stocks

  • Blockchain Stocks
  • NFT Stocks
  • Metaverse Stocks
  • Artificial Intelligence Stocks

Web3Wire Whitepaper | Tokenomics

Web3 Resources

  • Top Web3 and Crypto Youtube Channels
  • Latest Crypto News
  • Latest DeFi News
  • Latest Web3 News

Blockchain Resources

  • Blockchain and Web3 Resources
  • Decentralized Finance (DeFi) – Research Reports
  • All Crypto Whitepapers

Metaverse Resources

  • AR VR and Metaverse Resources
  • Metaverse Courses
Claim your space in Web3 with .w3w!

The Klyrox Protocol | The Algorithmic Monographs

Top 50 Web3 Blogs and Websites
Web3Wire Podcast on Spotify Web3Wire Podcast on Amazon Music 
Web3Wire - Web3 and Blockchain - News, Events and Press Releases | Product Hunt
Web3Wire on Google News

Media Portfolio: Block3Wire | Meta3Wire

  • Privacy Policy
  • Terms of Use
  • Disclaimer
  • Sitemap
  • For Search Engines
  • Crypto Sitemap
  • Exchanges Sitemap

© 2024 Web3Wire. We strongly recommend our readers to DYOR, before investing in any cryptocurrencies, blockchain projects, or ICOs, particularly those that guarantee profits.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Coins
    • Top 10 Cryptocurrencies
    • Top 50 Cryptocurrencies
    • Top 100 Cryptocurrencies
    • All Coins
  • Exchanges
    • Top 10 Cryptocurrency Exchanges
    • Top 50 Cryptocurrency Exchanges
    • Top 100 Cryptocurrency Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks

© 2024 Web3Wire. We strongly recommend our readers to DYOR, before investing in any cryptocurrencies, blockchain projects, or ICOs, particularly those that guarantee profits.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.