OpenAI's Cancer Copilot

Color Health, originally a genetic testing company, has developed an AI "copilot" using OpenAI's GPT-4o model.

The AI copilot helps doctors analyze patient records, reducing the time needed for review to an average of five minutes. It ingests patient data, such as risk factors and family history, to generate tailored screening plans.

It also assists in assembling pretreatment work-ups, which include specialized tests and insurance authorizations.

Color Health’s CEO, Othman Laraki, emphasizes that the copilot supports rather than replaces doctors. The tool aims to reduce administrative burdens, helping doctors focus on high-impact tasks and reduce burnout.

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Are 'FDIC-Insured' Fintech Accounts Really Safe?

Yotta Savings, a trusted fintech app, promised FDIC insurance. But now, 200,000 people can't access their funds after the collapse of Synapse Financial Technologies, a fintech intermediary.

Synapse filed for Chapter 11 bankruptcy, revealing a potential $96 million shortfall. Former FDIC Chair Jelena McWilliams, now the bankruptcy trustee, suggested missing funds existed before the bankruptcy.

FDIC claims its hands are tied since Synapse wasn't a bank. "Pass-through" FDIC insurance means funds are held in a bank account for the benefit of fintech customers.

However, accurate records are crucial, and fintechs often fail to maintain them properly.

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Apple Ends Pay Later Service After Just One Year

Apple will stop offering loans through its Pay Later program, which let users buy items and pay in four installments.

Launched in October 2023, the service is ending despite its initial success. Apple's reasons for ending Pay Later remain unclear.

Apple is shifting to integrate third-party loan services like Affirm and Citigroup into its upcoming iOS 18 software.

Users with active Pay Later plans can still manage their loans via the Wallet app.

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McDonald's Fires Its AI Servers

McDonald’s is ending its AI drive-thru experiment. They worked with IBM for two years to test AI chatbots at over 100 locations. The goal was to speed up order-taking while simplifying tasks for employees.

However, the AI often made mistakes. Customers frequently received the wrong items, leading to humorous but frustrating viral videos.

Company leaders are optimistic about future voice-ordering solutions. They plan to revisit the idea before the year ends.

McDonald’s partnered with Google to develop a training chatbot and are testing various automated systems, including mobile ordering and kitchen robots.

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