Verily is closing its medical device program as Alphabet shifts more resources to AI
In Brief Alphabet’s life sciences arm Verily laid off staff and eliminated its entire devices program Monday. CEO Stephen Gillett announced the “difficult decision” to wind down the program in a staff memo, according to Business Insider. “Over the years, Verily has built a legacy in developing world-class, innovative medical devices,” Gillett wrote, noting that the “path forward requires difficult decisions” as Verily refocuses on AI and data infrastructure. The move continues Alphabet’s agg