From Foundation Models to Foundation Data: The Next Moat in Healthcare AI

Healthcare AI is exploding with copilots, documentation tools and patient-facing assistants. But as frontier models rapidly absorb these capabilities, where does sustainable differentiation come from? This keynote argues that the real moat in healthcare AI is not the interface or the model itself, but access to proprietary, longitudinal health data — and the infrastructure, governance and clinical context required to turn it into intelligence. From claims and medical records to patient-generated data, we explore what it takes to build AI that learns from healthcare rather than merely talks about it.