SoftBank Group launches AI healthcare joint venture with Tempus AI

Tempus Holdings

27/06/2024 08:35

TOKYO, June 27 (Reuters) - Japanese technology investor
SoftBank Group  9984.T  has launched a joint venture with Tempus
AI  TEM.O  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 May. 

($1 = 160.4700 yen)

 (Reporting by Anton Bridge; Editing by Christopher Cushing and
Miral Fahmy)
 ((Anton.Bridge@thomsonreuters.com;))