financetom
Business
financetom
/
Business
/
SoftBank Group launches AI healthcare joint venture with Tempus AI
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
SoftBank Group launches AI healthcare joint venture with Tempus AI
Jun 27, 2024 12:55 AM

TOKYO, June 27 (Reuters) - Japanese technology investor

SoftBank Group ( SFTBF ) has launched a joint venture with Tempus

AI ( TEM ) that aims to analyse personal medical data with

artificial intelligence (AI) to come up with treatment

recommendations.

This is the latest in a string of AI investments SoftBank

has recently announced as it increases the pace of its

investment activity after a muted few years.

SoftBank invested around $200 million in Tempus in its

series G funding round in April before Tempus listed on the

Nasdaq in June.

($1 = 160.4700 yen)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Global aluminium producers seek Q1 Japan premiums of $230-$260, sources say
Global aluminium producers seek Q1 Japan premiums of $230-$260, sources say
Nov 28, 2024
TOKYO, Nov 29 (Reuters) - Global aluminium producers have offered Japanese buyers premiums of $230-$260 per metric ton for January-March primary metal shipments, up 31%-49% from the current quarter, three sources directly involved in quarterly pricing talks said on Friday. Japan is a major Asian importer of the metal and the premiums for primary metal shipments it agrees to pay...
Exclusive-Logistics provider GLP is considering a Hong Kong listing in 2025, sources say
Exclusive-Logistics provider GLP is considering a Hong Kong listing in 2025, sources say
Nov 28, 2024
HONG KONG/SYDNEY (Reuters) -Logistics company GLP is considering a Hong Kong listing that could happen as early as next year, eight years after the Singapore-incorporated firm was taken private by an investor group, three sources with direct knowledge of the matter said. GLP has held early stage discussions with a small number of financial advisers about the relisting plan, said...
Chinese EV maker BYD asks dozens of suppliers for price cuts, Yicai reports
Chinese EV maker BYD asks dozens of suppliers for price cuts, Yicai reports
Nov 28, 2024
BEIJING (Reuters) - Chinese electric vehicle maker BYD has requested price cuts from dozens of its suppliers, state-owned news outlet Yicai reported on Friday citing unidentified sources. The automaker mainly sent requests to suppliers of electric control units and sensors but could send more to some of its over 8,000 suppliers in other categories, Yicai said. BYD did not immediately...
Australian social media ban started with call to act by poilitican's wife
Australian social media ban started with call to act by poilitican's wife
Nov 28, 2024
SYDNEY (Reuters) - Since Meta whistleblower Frances Haugen aired internal emails in 2021 showing the tech giant knew of social media's mental health impacts on teenagers, world leaders have agonised over how to curb the technology's addictive pull on young minds. Even a 2023 recommendation by the U.S. surgeon general to put health warnings on social media, blaming it for...
Copyright 2023-2026 - www.financetom.com All Rights Reserved