Category: Technology

  • Prosper AI raises $30M from Andreessen Horowitz to scale the first AI platform to run the entire patient journey

    Working across 150,000 healthcare providers, Prosper AI is the first platform built to combine patient scheduling, insurance verification, and patient billing while coordinating voice interactions with both patients and insurers.

    NEW YORK, US – June 22: Prosper AI, the leading AI platform to run the entire patient journey, today announced a $30 million Series A financing led by Andreessen Horowitz (“a16z”), with participation from Base10 and continued support from Emergence Capital, Y Combinator, and Company Ventures

    The financing follows a period of rapid adoption and market acceleration. Since its last funding announcement six months ago, Prosper AI has grown revenue 5x, added more than 40 healthcare organizations as customers, expanded across more than 150,000 healthcare providers, and become the platform powering more than $1.3 billion in patient care. Today, Prosper AI wins 80% of competitive evaluations.

    Providers increasingly recognize that scheduling is only the first step in the patient journey. As healthcare organizations look to automate insurance verification, and patient billing alongside scheduling, Prosper AI is emerging as the platform of choice to power financially cleared appointments.Today, Prosper AI’s customers span some of healthcare’s most influential organizations, including PE-backed outpatient groups such as Preferred Dermatology, health systems such as Jackson Memorial Hospital—the second-largest hospital in Florida—and healthcare technology leaders such as Athenahealth, one of the largest ambulatory EHR platforms in the United States.

    Healthcare’s Next AI Platform Won’t Stop at Scheduling

    Every patient appointment depends on workflows that occur before and after care is delivered, from scheduling and insurance verification to patient billing and collections. Historically, these processes have been fragmented across disconnected teams and point solutions, creating +$450B in administrative waste while making healthcare more expensive and less transparent for patients.

    Where first-generation healthcare AI stopped at scheduling, Prosper AI manages the broader patient journey. The platform answers patient calls, schedules appointments directly in the EHR, verifies insurance benefits, automates patient billing, and contacts insurers on the phone when additional information is needed. By automating the patient journey end-to-end, Prosper AI helps providers lower administrative costs by +40% while giving patients visibility into their coverage and financial responsibility before care is delivered. The result is a single platform that manages both patient and payer workflows from appointment request through reimbursement.

    Winning the Most Competitive Evaluations in Healthcare AI

    As provider outpatient groups and health systems evaluate AI platforms, Prosper AI is increasingly emerging as the preferred solution.

    “We evaluated seven different vendors through an extensive RFP and live demonstration process and concluded that Prosper AI had the most comprehensive platform” said Jonathan Banta, CEO of The 44 Group, and Co-founder of The Executive Roundtable, a provider consortium representing more than 600 physicians. “The difference wasn’t simply scheduling. Prosper AI was the only platform capable of handling insurance verification, patient financial responsibility, and the broader workflows required to support the entire patient journey.”

    “Out of the gate, Prosper AI was handling more than 50% of our patient conversations end-to-end, including complex cases involving real-time benefits verification,” said Noah England, COO of Piedmont Dermatology. “Many organizations using other AI solutions remain stuck at 20–30% automation because those systems stop at scheduling.”

    Enterprise Healthcare Platforms Are Choosing Prosper AI

    The shift toward comprehensive AI solutions beyond voice AI for scheduling is no longer limited to provider groups. Some of the largest healthcare technology companies have also selected Prosper AI following side-by-side evaluations against competing AI platforms.

    Athenahealth, one of the largest ambulatory EHR platforms in the United States covering +60M lives, selected Prosper AI after evaluating multiple AI solutions for internal voice AI workflows. Imagine Software, a leading healthcare software company serving more than 100,000 physicians and processing over $65 billion in claims annually, also selected Prosper AI after conducting a competitive evaluation.

    “We reviewed multiple AI platforms, and Prosper AI consistently delivered the strongest performance, now handling thousands of conversations per day across multiple clients on our platform,” said Sam Khashman, CEO of ImagineSoftware. “In repeated side-by-side evaluations, Prosper AI achieved the highest accuracy and completion rates.”

    Why Andreessen Horowitz and Base10 Invested

    “AI should make healthcare infinitely accessible,” said Jay Rughani, Partner at Andreessen Horowitz. “Prosper AI stood out because of the scope of their ambition: they want to eliminate every administrative friction point between a patient and the care they need. What convinced us was the pattern we kept hearing from customers — providers would deploy Prosper AI for scheduling, then quickly ask them to take on insurance verification, then billing, and so on. That pull-through only happens when your technology can consistently guide patients through the care journey end-to-end. It’s no surprise Prosper AI is winning the vast majority of competitive evaluations they enter.” 

    Adeyemi Ajao, Co-founder and Managing Partner at Base10 Partners “Prosper AI is leveraging agentic AI to transform the way provider groups and hospitals engage with patients, driving not only savings, but increased revenue and better patient experience”.

    Building the AI Workforce for Healthcare Operations

    With the new funding, Prosper AI will expand its engineering and customer-facing teams, deepen integrations across the largest EHR platforms, and accelerate adoption across provider groups and health systems.

    “Healthcare providers don’t want separate tools for scheduling, insurance verification, and billing,” said Xavier de Gracia, Co-Founder and Co-CEO of Prosper AI. “They want a single platform capable of managing the workflows that determine whether care happens and whether providers ultimately get paid. That’s what we’ve built, and it’s why providers, health systems, and healthcare technology companies are choosing Prosper AI.”

    Over time, Prosper AI aims to build the AI workforce that powers healthcare’s administrative engine, eliminating waste, expanding access to care, and enabling providers to focus more of their time on patients.

     

     

     

  • From AI to Data Centres, India’s Digital Rise Accelerates on Global Stage

    June 22: Over the past 12 years, India has strengthened its position as a global digital leader, supported by rapid advancements in artificial intelligence, expansion of data centre infrastructure, and large-scale digital transformation across sectors.

    The country’s digital rise has been powered by increasing adoption of emerging technologies, wider internet access, and sustained investment in innovation-led growth. These factors have collectively reshaped India’s technology landscape and strengthened its role in the global digital economy.

    Artificial intelligence has emerged as a key growth driver, with applications expanding across industries such as finance, healthcare, manufacturing, logistics, and public services. The integration of AI-based solutions has improved efficiency, enabled automation, and supported the development of new digital services.

    At the same time, India’s data centre ecosystem has witnessed significant expansion, driven by rising demand for cloud computing, data storage, and high-speed digital connectivity. This growth has attracted strong interest from both domestic and international investors.

    Industry experts note that the combination of AI innovation and robust digital infrastructure has positioned India as a competitive hub for technology development and digital services at the global level.

    Analysts believe that continued investment in technology, skilled talent, and infrastructure will further strengthen India’s digital capabilities and global influence in the coming years.

    The transformation highlights India’s evolution into a technology-driven economy with a growing role in shaping the future of the global digital landscape.

     

  • Investor Confidence in AI Fuels SK hynix’s Rise Above Samsung Electronics

    Seoul, June 22: In a landmark moment for South Korea’s technology sector, SK hynix has overtaken Samsung Electronics in market capitalization for the first time, reflecting the growing importance of artificial intelligence-driven demand in the global semiconductor industry.

    The milestone highlights a dramatic shift in investor sentiment as SK hynix continues to strengthen its position as a leading supplier of high-bandwidth memory (HBM) chips, a critical component powering advanced AI systems and data centers. Strong demand from major technology companies developing AI applications has fueled the company’s rapid growth and boosted its market valuation.

    Samsung Electronics, long regarded as South Korea’s most valuable company and a dominant force in the global semiconductor market, continues to hold a strong presence across memory chips, smartphones, and consumer electronics. However, investors have increasingly focused on companies that are directly benefiting from the surge in AI-related investments.

    Industry observers view SK hynix’s rise as a reflection of broader changes reshaping the semiconductor landscape. As artificial intelligence becomes a key driver of technological innovation, companies with strong positions in AI-focused memory technologies are attracting heightened investor attention.

    The achievement marks a significant chapter in South Korea’s corporate history and underscores the evolving competitive dynamics within the global chip industry. Analysts expect competition between the two semiconductor giants to intensify as demand for AI infrastructure continues to expand worldwide.

    While Samsung remains one of the world’s leading technology companies, SK hynix’s ascent demonstrates how rapidly changing market trends can reshape industry leadership and investor expectations.

  • MAACICON 2026 Focuses on Latest Cochlear Implant Technologies and Challenges

    MAACICON 2026 Focuses on Latest Cochlear Implant Technologies and Challenges

     

    Hyderabad, June 20: Experts discussed the latest advancements in cochlear implant technology, current challenges in cochlear implant care, and strategies to improve speech, hearing, and overall developmental outcomes for children with hearing impairment at the MAA Cochlear Implant Conference 2026 (MAACICON 2026), said Sunitha G Kumar, Founder & Chairperson, MAA Institute of Speech & Hearing (MISH).

    MAA Institute of Speech & Hearing (MISH), in association with MAA ENT Hospitals and in collaboration with Ali Yavar Jung National Institute of Speech and Hearing Disabilities (AYJNISHD), organized MAACICON 2026 on June 20–21 in Hyderabad. The conference, approved by the Rehabilitation Council of India (RCI) as a Continuing Rehabilitation Education (CRE) Programme, was attended by distinguished guests including *Dr. Suman Kumar, Director, AYJNISHD, Mumbai; Prof. Rajashekar, Former Dean, Manipal University; Rotary District 3150 Past District Governors Ravi Vadlamani and Ramesh Vangala; and Rotarian Shivani Tibrewala, Secretary, Rotary Club of Lake District Moinabad*.

    A pioneer in cochlear implant services since 2004, MAA ENT Hospitals has successfully completed over 750 cochlear implant surgeries. Through rehabilitation and auditory-verbal therapy services, hundreds of children with hearing impairment have been integrated into mainstream education and are now pursuing successful careers in various professional fields.

    The conference brought together audiologists, speech-language pathologists,  rehabilitation professionals, researchers, academicians, and students from across the country. Scientific sessions focused on cochlear implant candidacy, surgery, mapping, rehabilitation, patient outcomes, and emerging technologies through expert lectures, panel discussions, and case presentations.

    Over 150 delegates from across India participated in MAACICON 2026, making it a significant academic platform for advancing cochlear implant care and hearing rehabilitation.

  • India Sees Strong Double-Digit Growth in Global Cellular IoT Module Market

    June 20: India has recorded strong double-digit growth in the global cellular IoT (Internet of Things) module market, reflecting the country’s expanding role in connected technologies and smart device ecosystems.

    The growth highlights increasing demand for IoT-enabled solutions across sectors such as manufacturing, automotive, logistics, utilities, and smart infrastructure. Cellular IoT modules, which enable machines and devices to communicate over mobile networks, are becoming a core part of digital transformation initiatives worldwide.

    Industry observers note that India’s growth is being driven by rapid adoption of connected devices, expanding 4G and 5G infrastructure, and rising investments in industrial automation and smart city projects. Affordable connectivity and a strong base of engineering talent are also contributing to the country’s rising presence in the global IoT supply chain.

    The expansion of IoT applications in areas such as fleet management, energy monitoring, remote healthcare, and industrial automation has further accelerated demand for cellular modules. Businesses are increasingly using these technologies to improve efficiency, reduce operational costs, and enable real-time data-driven decision-making.

    Analysts suggest that India’s momentum in the IoT segment is expected to continue as digital infrastructure strengthens and enterprises shift toward more connected and automated systems. However, they also note that sustained growth will depend on continued investment in semiconductor ecosystems, network reliability, and innovation in device manufacturing.

    Overall, the strong double-digit growth positions India as an emerging contributor in the global cellular IoT module market, reinforcing its role in the broader digital and industrial transformation landscape.

  • India–Armenia Partnership to Strengthen High-Altitude Balloon and Near-Space Research Capabilities: Report

    New Delhi, June 19: India and Armenia are set to deepen cooperation in advanced aerospace research, focusing on high-altitude balloon systems and near-space testing technologies, according to a recent report.

    The collaboration is expected to support scientific experimentation in the upper atmosphere, enabling improved research in areas such as climate observation, communication systems, space environment studies, and advanced material testing.

    Officials familiar with the development noted that high-altitude balloon platforms provide a cost-effective alternative for near-space research, allowing payload testing in conditions that simulate aspects of space without requiring full orbital missions.

    The partnership is also expected to facilitate knowledge exchange between research institutions and technical experts from both countries, strengthening capabilities in aerospace innovation and experimental technologies.

    Experts believe that such cooperation will contribute to expanding India’s growing space ecosystem while also enhancing Armenia’s participation in advanced scientific research programs.

    The initiative reflects a broader trend of international collaboration in space and near-space exploration, where shared expertise and resources are increasingly being used to accelerate innovation and reduce research costs.

    Both sides are expected to explore further areas of cooperation in emerging aerospace technologies in the coming period.

  • Indian Equity Markets Snap 5-Day Winning Streak Amid IT Sector Weakness and Profit Booking Pressure

    Mumbai, June 19: Indian equity markets ended their five-day gaining streak in a volatile trading session on Thursday, as benchmark indices witnessed broad-based selling pressure led by the information technology sector.

    Benchmark indices opened on a cautious note and remained under pressure throughout the session, eventually closing lower as investors opted for profit booking after recent gains. The IT sector emerged as the biggest drag on market performance, with technology stocks falling over 3 per cent, weighing heavily on overall sentiment.

    Market participants attributed the decline to a combination of factors, including valuation concerns in select IT counters, weak global demand outlook for technology services, and increased caution ahead of upcoming earnings announcements. Heavyweight IT stocks were among the key contributors to the downward movement.

    Broader markets also witnessed mild weakness, reflecting a risk-off sentiment among investors. However, selective buying was observed in defensive sectors, indicating that market participants continue to rotate capital across segments based on risk appetite and sectoral outlook.

    Analysts noted that the correction follows a strong upward run in recent sessions and is largely driven by short-term profit booking rather than any structural weakness in the market. They added that domestic macroeconomic stability, steady liquidity conditions, and consistent institutional inflows continue to support the medium-term outlook.

    Investors are closely watching global market trends, crude oil price movements, and upcoming corporate earnings results for further cues on market direction in the near term.

  • Modern Training Technologies Essential to Build Future-Ready Station Masters: Ashwini Vaishnaw

    New Delhi, June 19: Union Railway Minister Ashwini Vaishnaw has emphasized the need for adopting modern training technologies to enhance the skills and capabilities of station masters, highlighting their critical role in ensuring safe, efficient, and passenger-friendly railway operations.

    Speaking at a railway training and capacity-building initiative, the Minister said that rapid technological advancements in the rail sector require continuous upskilling of frontline personnel. He stressed that station masters must be equipped with the latest operational knowledge, digital tools, and real-time decision-making skills to meet the evolving demands of modern railway networks.

    Vaishnaw noted that advanced training modules, simulation-based learning, and technology-driven skill development programmes can significantly improve operational efficiency and service delivery across the railway system.

    He underlined that investment in human resource development remains as important as investment in infrastructure, stating that a skilled workforce is essential for supporting the ongoing modernization of Indian Railways.

    The Minister reaffirmed the government’s commitment to strengthening training institutions and adopting innovative learning methods to prepare railway personnel for the future, ensuring safer operations and improved passenger experiences.

  • OnePlus N6 Brings Power That Lasts Days, Smoothness That Lasts Years

    Bengaluru, June 19 : Global technology brand OnePlus  announced key features of the upcoming OnePlus N6, the first device in the all-new N Series. Launching on June 30, the OnePlus N6 is built to deliver the fundamentals that matter most to everyday smartphone users: long-lasting battery life, dependable reliability, and smooth performance that endures over time.OnePlus N6 Brings Power That Lasts Days, Smoothness That Lasts Years

    Designed to eliminate battery anxiety, the OnePlus N6 offers a smooth and reliable experience that keeps up with the demands of modern daily life, not just for months, but for years.

    Long-Lasting Big Battery

    The OnePlus N6 will feature the segment’s best 8,000mAh battery, designed to deliver up to three days of usage on a single charge, removing the worry of running out of power during busy days.
    Complementing its massive battery is fast, smart, and safe 45W SuperVOOC charging. More than just a big battery, the OnePlus N6 is built to last. It retains over 80% battery health even after 7 years of regular charging, delivering reliable power and consistent performance you can count on over time.
    Long-Lasting Smooth Experience

    The OnePlus N6 delivers smoothness that lasts, powered by OxygenOS optimizations that maintain system responsiveness over a 60‑month period. Experience faster app launches, enhanced multitasking and smoother animations all working together to deliver a consistently delightful smartphone experience that remains enjoyable year after year.

  • IT Stocks Witness Sharp Correction as Mid-Caps Slide Deeply; Sector Under Profit-Booking Pressure

    Mumbai, June 19: Several mid-cap IT stocks have witnessed significant corrections in recent trading sessions, with some declining by over 60 per cent from their recent highs, reflecting broader weakness in the technology sector.

    Market data indicates sustained selling pressure in select IT counters amid concerns over global demand trends, valuation adjustments, and cautious investor sentiment.

    Industry heavyweight Tata Consultancy Services (TCS) has also seen notable pressure, with its stock declining around 55 per cent from its record high levels, as part of the ongoing sector-wide correction.

    Analysts suggest that the decline in mid-cap IT stocks reflects a combination of profit booking at higher levels, global macroeconomic uncertainty, and shifting investor preference toward other sectors.

    Despite the correction, experts note that long-term structural demand for digital services remains intact, supported by cloud adoption, artificial intelligence integration, and enterprise technology transformation across global markets.

    Market participants are closely watching upcoming earnings and global IT spending trends for cues on potential stabilization in the sector.