SoftBank Group launches AI healthcare joint venture with Tempus AI

06/27/2024

Less than a minute

2024.06.27 03:58

(Corrects final paragraph to say Tempus AI listed in June, not May)

TOKYO (Reuters) -Japanese technology investor SoftBank (TYO:) Group has launched a joint venture with Tempus AI 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.

© Reuters. FILE PHOTO: The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS/Issei Kato/File Photo

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)

06/27/2024

Less than a minute

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