Chapter Raises $100M Series E for Medicare AI

Two perpetrators of a fraudulent genetic testing and illegal kickback scheme that siphoned more than half a billion dollars have just been sentenced to spend time behind bars. The US Justice Department says that Reyad Salahaldeen and Mohamad Mustafa, both from Georgia, submitted over $522 million in claims for medically unnecessary genetic tests that were […] The post Fraudsters Drain $522,000,000 From Medicare and Medicaid Through ‘Web of Sham Contracts, Lies, and Bribes’: DOJ appeared first on The Daily Hodl.

Insider Brief PRESS RELEASE — Aidoc, a global leader in clinical AI, has raised $150 million in Series E funding led by Growth Equity at Goldman Sachs Alternatives. The round had participation from General Catalyst, SoftBank Investment Advisors and NVentures (NVIDIA’s venture capital arm). The round brings total funding to over $500 million, less than a year […]

Canadian AI company Cohere is acquiring German large language model startup Aleph Alpha in a deal valuing the combined entity at approximately $20 billion, backed by €500 million in structured financing from German retail conglomerate Schwarz Group, which will also lead Cohere’s new Series E round. Cohere chief executive Aidan Gomez described the combination as […]