Alphabet no longer has a controlling stake in its life sciences business Verily

Engadget | 20.03.2026 05:17
Alphabet's life sciences business Verily is restructuring and raising money as a new corporate entity. Verily announced that with its $300 million investment round, it will change from an LLC to a corporation and rename itself Verily Health Inc. As a result, Alphabet now has a minority stake rather than a controlling one in the business.