Business
Ali Parsa, CEO and founder of Babylon, discusses what the company learned from going public through merger with a special purpose acquisition company.
It will be used to invest in specialised healthcare logistics and financing, among other plans.
Also, Lunit has deployed its AI mammography solution to Dubai Hospital.
The deal marks GE HealthCare's second announced acquisition since it debuted as an independent company early this year.
Diagnostics company Simple HealthKit, children's mental health platform Fort Health and Parkinson's disease-focused company Newel Health also received funding.
The layoffs affect less than 3% of the company's workforce.
The deal is expected to close this year.
The layoffs come weeks after the company said it will stop offering patient care services.
According to reporting by the Wall Street Journal, CVS is closing in on an agreement to acquire the primary care chain for $10.5 billion including debt.
The telehealth staffing and services startup confirmed it laid off 56 employees. It conducted an earlier round of layoffs over the summer.