tech:

taffy

Covered California implements Google Cloud’s AI solutions

Covered California, California’s health insurance marketplace, has announced that it will use Google Cloud’s AI solutions to simplify the process of providing health insurance to California residents.

Covered California aims to improve the consumer and employee experience by automating parts of the documentation and verification process when residents apply for coverage. Starting in June, residents will be able to upload their documents through the Covered California online application and receive instant verification status, courtesy Google Cloud’s Document AI, which uses machine learning to automate the task of verifying resident information.

Covered California launched a pilot program in 2023 with Google Cloud and Deloitte to test the viability of Document AI. The initial results showed that the AI-powered solution achieved a document verification rate of 80-96 percent, depending on the document type, with an average of 84 percent.

Covered California is also using Google Cloud’s Assured Workloads to manage and maintain FedRAMP compliance and Google Security Operations to help protect against security threats.

[Image courtesy: Covered California]

Just in

Vercel raises $250M

San Francisco-based Vercel, a frontend cloud platform provider, has secured $250 million in Series E funding, bringing the company's valuation to $3.25 billion.

Worky raises $6M (Mexico)

Mexico City-based Worky, a provider of HR and payroll software solutions for Mexican companies, has closed a $6 million Series A financing round.

Amazon announces $1.31B investment in France

Amazon has announced a new investment of about $1.31 billion (€1.2 billion) in France, which the company says will lead to the creation of over 3,000 permanent jobs in the country.

Amazon Web Services CEO Adam Selipsky to step down — CNBC

Adam Selipsky, CEO of Amazon’s cloud computing business, will step down from his role next month. Matt Garman, senior vice president of sales and marketing at Amazon Web Services, will succeed Mr. Selipsky after he exits the company June 3, writes Annie Palmer. 

Palo Alto Networks, Accenture expand alliance to offer generative AI services

Palo Alto Networks and Accenture have announced the expansion of their strategic alliance to provide new offerings that combine Palo Alto Networks' Precision AI technology with Accenture's secure generative AI services.