Moneta Health, a digital-health startup founded by two Canadians, is bringing its artificial-intelligence -powered treatments for dementia to more U.S. states and at the same time receiving an infusion of new cash from investors that include an arm of the American Medical Association.

Moneta is a phone-based cognitive-rehabilitation service in which patients in the early stages of dementia or with other mild cognitive impairment can talk to real therapists or AI-powered virtual assistants to, essentially, exercise their brains.

For example, a demonstration video shared by the company shows a patient respond to prompts by saying a word that means the opposite of ones given by the AI assistant. A therapist then reviews the AI sessions for factors such as accuracy and emotional cues and s

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