What happened to Babylon Health after reaching $1bn+ revenue? And how Ali Parsa is continuing his mission to fix healthcare with AI startup Quadrivia.

Today's Riding Unicorns is with Ali Parsa, Founder of Quadrivia AI.

Ali first joined us on the show in January 2022, when Babylon Health had just gone public via a SPAC and was renowned as one of the largest and most ambitious healthtech companies in the world. That, like all SPAC's, didn't turn out as Ali would have wanted and today, he returns with a new mission, building Quadrivia AI and its clinical AI assistant, “Qu”. Qu is designed to automate millions of repetitive healthcare workflows and rebalance the global shortage of clinical labour.

Ali reflects candidly on the rise and fall of Babylon, the structural challenges behind its collapse, and the lessons he’s applying to his new venture. He also explains why he believes AI finally offers the chance to create abundance in healthcare, and how Quadrivia’s technology can deliver trusted, autonomous support for doctors, nurses, and patients alike.

💡 The structural imbalance between global healthcare supply and demand and how AI can finally fix it
🏥 Babylon’s story: what went right, what went wrong, and what Ali learned from the SPAC era
🤖 Introducing Quadrivia’s “Qu”: a clinical AI that can handle patient calls, follow-ups, and real‑time triage
🔐 Building trust in AI: safety, guardrails, and how to design human‑in‑the‑loop autonomy
🎧 Live demo — a real patient conversation handled entirely by AI
📈 Why the future of healthcare lies in clinical process outsourcing powered by intelligent agents
🧩 Building small, fast, focused team, and why scale isn’t the goal (yet)
💬 Lessons on leadership, luck, and surviving the infinite game of entrepreneurship

A fascinating, raw, and inspiring conversation with one of the most visionary founders in global healthtech and a glimpse into how AI could redefine the future of care.

Listen here:
https://open.spotify.com/episode/2KpDrrlthT5qIwnaDL2a8G?si=938de5bb88e74222 

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Have a great Wednesday,
The Riding Unicorns team