UnitedHealth Beats Estimates, Raises Outlook After Pouring $1.5bn into AI

US health insurance giant UnitedHealth beat Wall Street estimates and raised its full-year earnings outlook. The company is stabilising margins by shrinking membership, exiting unprofitable contracts and investing $1.5 billion in artificial intelligence. The results come after a period in which the firm faced rising healthcare costs that squeezed its profitability.

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