...Partners, and Yosemite, for a total raise of $100 million. Release, MedCityNews And winding up the week, Verily raises $300 million–and independence from Alphabet. Now rebranded as Verily Health Inc., it is now a precision health solutions company. It has pivoted since at least 2016 from various iterations as originally the Google X life sciences ‘skunkworks’–devices, bioelectronics, smart contact lenses, smartwatches, smart diapers… The funding was led by Series X Capital, with participation from Alphabet, UCHealth, the University of Colorado Anschutz and other investors. Alphabet remains a significant minority investor in Verily, while no longer having a controlling stake. Release... Continue Reading
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Oracle’s rock-and-hard place in Abilene TX: building out a data center with Nvidia chips that are already obsolete–and the financing it takes (updated)
...line AI companies like OpenAI (or Anthropic for that matter) want the latest, because that is critical to their business. Another ‘rock’ that Oracle has is that the datacenters are being financed via at least $100 billion in debt. Google, Amazon, Meta, and Microsoft are able to finance datacenter builds via their cash-generating businesses, even if this hyperscaling means that the cash cows become somewhat starved for feed. Oracle has to advance money in construction and equipment it must raise in debt markets for a return that may come in a year, two, or even more. [TTA 5 Feb] In... Continue Reading
Breaking–Oracle to lay off thousands due to AI data center cash crunch, possibly as early as next week. What’s next? (Updated)
...February report. Tuesday is the day that Oracle reports results. Oracle’s Ellison set last quarter the company’s transformation as three steps: From the Fortune article: Oracle making its database available inside its competitors’ clouds, including Amazon’s AWS, Alphabet’s Google, and Microsoft’s Azure. “Vectorizing” the data to make it readable by AI models, which makes the data customers have in Oracle’s systems more valuable. Building an “AI Lakehouse,” which vectorizes all a company’s data and not just what’s in Oracle databases or applications. But what if you don’t want your data ‘vectorized’ to be read by AI models? Something called proprietary... Continue Reading
Chutes & Ladders: UnitedHealth’s sideways ’26, longtime exec Cianfrocco departs; CHAI’s concept failure and future; KeyCare’s $27M Series A
...of initiatives. FTA: an ecosystem of AI governance providers, AI model cards and an AI outcomes registry; announced working groups on generative AI, prior authorization, Medicaid work requirements and a faith-based approach to AI alongside the Vatican. It now seems to be coalescing around a voice for healthcare providers about AI through partnering with the National Association of Community Health Clinics (NACHC) and the Joint Commission. We briefly covered CHAI at its 2023 start and were skeptical that major player members such as Google wouldn’t use their lobbyist influence on CHAI to get their way on AI in its infancy... Continue Reading
News bites: Amazon Pharmacy’s same-day delivery zooms, One Medical’s lab results app, OpenEvidence’s valuation shock, NYU Langone-Isaac Health, HealthMark buys Purview, Harbor Health buys Rippl, big raises for Solace Health, Talkiatry
...network in Texas with health plans. Most of the clinics are in Austin with expansion to El Paso, San Antonio, and Dallas via last year’s acquisition of 32 VillageMD clinics [TTA 9 October 2025]. Rippl’s platform is designed to support care at home for those with dementia via early detection of physical and behavioral issues. Rippl is also obtaining additional financing from seven investors including General Catalyst and Google Ventures. Acquisition cost was not disclosed. Harbor Health release And to close, two hefty later-stage raises: Solace Health notched a surprising $130 million Series C. It provides healthcare navigation via advocates... Continue Reading
Chutes & Ladders this week: Carbon Health’s Ch. 11; Centene’s 2-way beat, TrumpRx.com debuts; Doc.com files for $24M Nasdaq listing, $55M for Alaffia Health, big Series Ds for Midi Health and ElevenLabs
...Care raised a $92 million Series C to move from the maternity segment into menopause and older women’s health. The Series D was led by Goodwater Capital with participation from new investors Foresite Capital and Serena Ventures, as well as continued support from Advance Venture Partners, GV (Google Ventures), Emerson Collective, SemperVirens, and McKesson Ventures. MedCityNews ElevenLabs closed its own Series D at $500 million, topping $781 million in funds for its generative AI in text-to-speech and an $11 billion valuation. Its scope is apparently near-universal for developers and companies in multiple industries. For healthcare systems, it has platforms for... Continue Reading
Summing up the speculation: will Oracle sell off Oracle Health/Cerner to finance $300B OpenAI datacenter buildout?
...the most probable since it is massively integrated into healthcare in multiple systems. The other two under speculation are Google and Amazon. What they have in common are recent and money-losing experiences with healthcare, closing down and selling various ventures. Google Health was shut down and scattered to the winds in August 2021, and Alphabet’s Verily, pivoting like Nureyev over a decade, is now a ‘precision health’ entity. Amazon, in the midst of layoffs, has done well with Pharmacy, but One Medical. bought during the 2022 Practice Gold Rush, remains a lump of undigested matter in Amazon’s e-commerce digestive tract.... Continue Reading
Short takes: Owlet’s baby sleep survey, MediBioSense’s Infinity Watch, telehealth extensions move to Senate, EBG’s telemental laws app ’26 update, Done Global indicted with principals convicted
...1, 2028. Enhancements to certain durable medical equipment (DME) requirements under Medicare. Requirement that HHS issue guidance within one year on furnishing telehealth services to individuals with limited English proficiency. Inclusion of virtual diabetes suppliers in the Medicare Diabetes Prevention Program through December 31, 2029. The American Telemedicine Association and ATA Action continue to track and lobby for the extensions. Release 20 Jan, 22 Jan. Digital health law firm Epstein Becker Green (EBG) announced an update to their free Telemental Health Laws app. The app, available on the Apple App Store and Google Play, is a reference for state-specific laws... Continue Reading
News roundup: Omada Health files for IPO, UPMC-Redesign partner on chronic pain management, OK and PA AGs warn 23andMe users to delete data, Verily to build Parkinson’s dataset, what payers paid for exec security
...test sample, and revoke research consent for their data. Well, the rush is over at least…it’s better late than never. The instructions are clear, though their efficacy with 23andMe in actually removing it, including survey data, versus following FTC policies on securing the data, is in reasonable doubt [TTA 3 April]. After all, user genetic data and information is all that 23andMe has to sell. Oklahoma AG’s release, The Oklahoman, Levittown (PA) Now Alphabet/Google’s Verily health data/AI unit to build a Parkinson’s molecular research dataset. With a $14.7 million grant from the Michael J. Fox Foundation (MJFF), Verily will be... Continue Reading
Breaking–Masimo Mystery SOLVED–cyberattack, website down for days, new websites up–and where’s the public explanations? Sound United sold.
...website appears finished except for Personal Health. But if you enter only Masimo.com, the URL immediately redirects to a Canadian shop domain page and path that features how their pulse oximetry device and app (SafetyNet Alert) can monitor prescribed opioid usage for difficulties in breathing (respiratory depression) which can prove, from their tragic case study example, fatal. The new Halo app can be downloaded on the Apple App Store or Google Play. Want to find out more about it? It goes to a page that no longer exists. Clicking on the Personal Health tab at the top, it links to... Continue Reading
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