A whistleblower suit unsealed this week alleges decades of kickbacks and false government claims tied to Xolair, naming Genentech, Novartis and other drugmakers.

Menlo Ventures marked its 50th anniversary by announcing $3 billion across two AI funds aimed at seed‑to‑growth startups. The raise expands the firm’s bets in infrastructure, healthcare and enterprise AI.

A national study puts Phoenix among the top three U.S. metros for business AI adoption, driven by large employers, data‑center growth and a growing tech pipeline.