FILE PHOTO: Artificial Intelligence words are seen in this illustration taken March 31, 2023. REUTERS/Dado Ruvic/Illustration/ Hippocratic AI, a startup building artificial intelligence models for the healthcare industry, has raised $50 million in a larger-than-usual seed funding round, signaling strong investor interest in betting on AI models for specific industries. Silicon Valley venture firms General Catalyst and Andreessen Horowitz (A16z) co-led the round, which funded the cost of hiring and training large language models since entrepreneur Munjal Shah founded Hippocratic earlier this year.