S. Korean PM Welcomes Medical Students' Decision to End Boycott
An association of medical students on Saturday announced its decision to resume studies, signaling a resolution to the prolonged standoff between the medical community and the government that had disrupted patient care.
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Entrepreneur
27 minutes ago
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Plum Commits INR 200 Cr to Healthcare, Launches Health Checkups as Part of Expansion
At the heart of this transformation is the launch of Plum Health Checkups, an at-home screening service designed to enable early detection of chronic illnesses. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Bengaluru-based employee health benefits platform Plum is making a significant shift from being an insurtech company to a healthcare-first platform. The company announced an investment of INR 200 crore (approx. USD 25 million) over the next five years to build comprehensive digital health services that go beyond traditional insurance. At the heart of this transformation is the launch of Plum Health Checkups, an at-home screening service designed to enable early detection of chronic illnesses. The service integrates over 200 biomarkers, artificial intelligence-driven reports, and follow-up consultations with medical professionals. It aims to provide a more proactive and preventive approach to employee health. "This is just the beginning of our investment period here in healthcare," said Saurabh Arora, Co-founder and Chief Technology Officer at Plum. "We've been building this vertical for over a year and a half now, and last year, we grew 125 percent in healthcare alone with strong gross margins." The service is supported by Plum's existing telehealth infrastructure, which facilitates around 100,000 consultations annually across 20 specialities. The company's diagnostic coverage spans 4,000 pin codes, and the new checkup includes advanced tools for detecting heart disease, cancer markers, kidney issues, and stress-related biomarkers. "Today, chronic illnesses like diabetes, hypertension, and early-onset heart disease are showing up as early as age 35," Arora noted. "From our health camps, we found that 71 percent of participants carried undiagnosed chronic risks." To lead the healthcare expansion, Plum has appointed Prayat Shah, former founder of Wellthy Therapeutics. Shah brings expertise in managing chronic conditions through digital platforms and care management programmes. "We're investing across the stack—doctors, labs, software, and care protocols," Arora added. "We're setting up a board of medical experts and building the product and engineering muscle to deliver a world-class digital health experience." The investment is being made entirely through Plum's internal funds, following the company's recent achievement of EBITDA profitability. It marks a clear departure from relying solely on insurance offerings, focusing instead on preventing medical crises. "Insurance is about financial well-being during a crisis," said Arora. "With healthcare, we want to ensure you never get to that crisis in the first place." According to Plum's internal data, only 20 percent of Indian employers currently offer annual health checkups, and participation among employees remains below 40 percent. Plum aims to change that by increasing both employer adoption and employee engagement in preventive care. "The Indian workforce deserves better than fragmented, reactive healthcare," said Abhishek Poddar, Plum's Co-founder and CEO. "This commitment allows us to deliver integrated, preventive, and personalised care at scale."
Bloomberg
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FTSE 100 Live: UK Stocks Set to Rise, Pound Gains as Tariff Worries Ease
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Yahoo
an hour ago
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Nvidia is gearing up to sell H20 chips to China again
Nvidia says it plans to restart deliveries of its H20 AI chips to China. The company says it has assurances from the US government that the shipments will be approved. This is a sharp reversal from the Trump administration's earlier hard stance on chip exports to China. Nvidia said it plans to resume deliveries of its H20 AI chips to China because of assurances from the US government that shipments will be approved. Nvidia, in a blog post dated July 14, said the company "hopes to start deliveries soon" to China, given these assurances. This announcement comes days after Nvidia CEO Jensen Huang met with President Donald Trump and policymakers to talk about the US's domestic AI infrastructure. Huang is in China now and has had meetings with government officials and industry leaders in Beijing, per Nvidia's blog post. The announcement from Nvidia indicates a sharp reversal from the Trump administration's earlier hard stance on chip exports to China. The US Department of Commerce did not immediately respond to a request for comment. A representative of Nvidia said the company had no further comment beyond the blog post. In Asia, where Nvidia's supply chain is concentrated, Hong Kong, Taiwan, and Chinese stocks reacted positively to Nvidia's announcement. On Tuesday, the Hang Seng Tech Index rose as much as 2.2%, and data center operators like Beijing Sinnet Technology rose as much as 7.6%. TSMC, a key Nvidia supplier, is up 1.37%. In April, the Trump administration told Nvidia it would need special licenses to sell to Chinese customers. At the time, Nvidia warned it could take a multibillion-dollar hit on earnings from the administration's restrictions on H20 chips. Nvidia's H20 chips are a China-specific variant created specifically to comply with Biden-era export controls on chips sent to China. At the time, Nvidia, in a regulatory filing, said that the Trump administration sees the H20 license requirements as a means to address the risk of China developing its own supercomputer. In an interview with CNN that aired Sunday, Huang said that the US needs access to China for AI dominance. "There's plenty of computing capacity in China already," Huang said. "They don't need Nvidia's chips, certainly, or American tech stacks in order to build their military," he said. Huang added that for the US to be an AI leader, US tech has to be available to all markets, including China, he added. Analysts saw the April licensing requirement as essentially a ban on H20 exports to China. "It should be noted that no licenses for GPU shipments into China have ever been granted and that the stated reason is concern over potential use or diversion of these chips for supercomputers in China," Jefferies analysts led by Blayne Curtis wrote in an April note. Bernstein analysts said banning the H20 chip made "little sense." "H20 performance is low, well below already-available Chinese alternatives. A ban essentially simply hands the Chinese AI market over to Huawei," they wrote. Chinese companies have been reducing their reliance on Nvidia chips, according to the analysts. Chinese companies have also engineered ways for Huawei and other locally designed chips to be networked together. Read the original article on Business Insider Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
