Alphabet's healthcare initiative squares off with Amazon, Apple

The initiative could be a key to keeping Alphabet shares healthy in the long term as the myriad of major players pouring into the multi-trillion-dollar healthcare market speaks volumes about the opportunity executives see. "So tomorrow, if AI can shape healthcare, it has to work through the regulations of healthcare," CEO Sundar Pichai said in an interview with NDTV on the subject. "In fact, I see that as one of the biggest areas is where the benefits will play out for the next 10 to 20 years."