The U.S. spends $5.3 trillion each year on healthcare, and most of it goes toward treating chronic disease. One startup is betting it can use AI to bring that number down—and keep people out of the ER.

New York-based Cadence hooks its AI agents into devices like blood pressure cuffs and blood sugar monitors, combining that information with data from a patient’s electronic health records, and even alerting a clinician when a patient’s health is deteriorating. Now, the company says it has raised an additional $100 million.

“Even if we double the number of primary care doctors, it wouldn’t actually help because the way we treat disease with two-to-four doctor visits a year doesn’t work,” says cofounder and CEO Chris Altchek.

This is a published version of the Forbes Daily newsletter, you can sign-up to get Forbes Daily in your inbox here.

Markets fell Tuesday amid a broader tech selloff, which analysts say may have been sparked by “anxiety” ahead of chipmaker Micron’s earnings report.

SpaceX officially wiped out its gains from its record-setting IPO, with shares briefly dropping below their $150 debut price.

President Donald Trump accused oil companies of gouging customers in a Truth Social post, saying he has instructed the DOJ to “immediately start looking into this.”

Wealth Entrepreneurship

As Hollywood struggles, social media star Dhar Mann offers a glimpse of where showbiz is headed. Mann, one of 50 featured in Forbes’ Top Creators list, produces digital shows with a team of 200—and their work will typically rack up nearly 300 million views across Facebook, YouTube, Instagram and TikTok. Last year, Dhar Mann Studios earned an estimated $65 million in revenue from YouTube AdSense, Facebook In-Stream ads........

© Forbes