First FDA clearance for AI X-ray system

• GE's (GE +1%) health unit has won FDA approval for a new artificial intelligence-powered X-ray device that reduces the time to diagnose and treat a collapsed lung from eight hours to as little as 15 minutes.
• The device, called the Critical Care Suite, uses AI algorithms to scan X-ray images and detect pneumothorax, which affects approximately 74K Americans each year.
• GE is also working to enhance the technology to detect other health conditions.