In June, Tempus AI initiated an IPO at a price of $37 per share, resulting in gross proceeds of approximately $410.7 million from the sale of 11.1 million shares. This move has sparked the interest of both investors and analysts, with William Blair assigning an Outperform rating to the company. According to the analyst, the Outperform rating is based on “What we believe is a massive market opportunity, Tempus’s differentiated approach and business model, and a reasonable valuation level provided the company is able to execute on targets over the near and intermediate term.”

The healthcare technology sector is undergoing rapid transformation, and Tempus AI is well-placed to capitalise on this expanding market. With a focus on oncology, the company has already made a substantial impact in the NGS-based therapy selection tests market, capturing a market share of approximately 25%. As the demand for simultaneous testing and RNA testing continues to rise, Tempus AI is positioned for significant growth in the upcoming years.

However, Tempus AI does not intend to limit its focus to oncology alone. The company has intentions to broaden its platform into other medical areas including neuropsychiatry, cardiology, and radiology. Through the use of AI-based applications, Tempus AI aims to enhance diagnostics, reduce care gaps, and tap into emerging categories.

From an investment perspective, Tempus AI’s valuation is in line with its peer group, trading at 5.5 times 2025 revenue. This is considered reasonable given the company’s faster top-line growth profile and differentiated data business. Despite a recent slight decline in TEM shares, the long-term outlook for Tempus AI remains positive.

In conclusion, the optimistic analysis from William Blair underscores the significant market opportunity for Tempus AI within the healthcare technology sector. The company’s inventive approach and ambitious expansion plans position it as a formidable contender in the evolving landscape of healthcare technology.

Source:
Benzinga.com – “Tempus AI Has Massive Market Opportunity For This Healthcare Technology, Bullish Analyst Says”

The post The Enormous Potential of Tempus AI in the Healthcare Technology Market first appeared on The London Bell.

In June, Tempus AI initiated an IPO at a price of $37 per share, resulting in gross proceeds of approximately $410.7 million from the sale of 11.1 million shares. This move has sparked the interest of both investors and analysts, with William Blair assigning an Outperform rating to the company. According to the analyst, the Outperform rating is based on “What we believe is a massive market opportunity, Tempus’s differentiated approach and business model, and a reasonable valuation level provided the company is able to execute on targets over the near and intermediate term.”

The healthcare technology sector is undergoing rapid transformation, and Tempus AI is well-placed to capitalise on this expanding market. With a focus on oncology, the company has already made a substantial impact in the NGS-based therapy selection tests market, capturing a market share of approximately 25%. As the demand for simultaneous testing and RNA testing continues to rise, Tempus AI is positioned for significant growth in the upcoming years.

However, Tempus AI does not intend to limit its focus to oncology alone. The company has intentions to broaden its platform into other medical areas including neuropsychiatry, cardiology, and radiology. Through the use of AI-based applications, Tempus AI aims to enhance diagnostics, reduce care gaps, and tap into emerging categories.

From an investment perspective, Tempus AI’s valuation is in line with its peer group, trading at 5.5 times 2025 revenue. This is considered reasonable given the company’s faster top-line growth profile and differentiated data business. Despite a recent slight decline in TEM shares, the long-term outlook for Tempus AI remains positive.

In conclusion, the optimistic analysis from William Blair underscores the significant market opportunity for Tempus AI within the healthcare technology sector. The company’s inventive approach and ambitious expansion plans position it as a formidable contender in the evolving landscape of healthcare technology.

Source:
Benzinga.com – “Tempus AI Has Massive Market Opportunity For This Healthcare Technology, Bullish Analyst Says”

The post The Enormous Potential of Tempus AI in the Healthcare Technology Market first appeared on The London Bell.

In June, Tempus AI initiated an IPO at a price of $37 per share, resulting in gross proceeds of approximately $410.7 million from the sale of 11.1 million shares. This move has sparked the interest of both investors and analysts, with William Blair assigning an Outperform rating to the company. According to the analyst, the Outperform rating is based on “What we believe is a massive market opportunity, Tempus’s differentiated approach and business model, and a reasonable valuation level provided the company is able to execute on targets over the near and intermediate term.”

The healthcare technology sector is undergoing rapid transformation, and Tempus AI is well-placed to capitalise on this expanding market. With a focus on oncology, the company has already made a substantial impact in the NGS-based therapy selection tests market, capturing a market share of approximately 25%. As the demand for simultaneous testing and RNA testing continues to rise, Tempus AI is positioned for significant growth in the upcoming years.

However, Tempus AI does not intend to limit its focus to oncology alone. The company has intentions to broaden its platform into other medical areas including neuropsychiatry, cardiology, and radiology. Through the use of AI-based applications, Tempus AI aims to enhance diagnostics, reduce care gaps, and tap into emerging categories.

From an investment perspective, Tempus AI’s valuation is in line with its peer group, trading at 5.5 times 2025 revenue. This is considered reasonable given the company’s faster top-line growth profile and differentiated data business. Despite a recent slight decline in TEM shares, the long-term outlook for Tempus AI remains positive.

In conclusion, the optimistic analysis from William Blair underscores the significant market opportunity for Tempus AI within the healthcare technology sector. The company’s inventive approach and ambitious expansion plans position it as a formidable contender in the evolving landscape of healthcare technology.

Source:
Benzinga.com – “Tempus AI Has Massive Market Opportunity For This Healthcare Technology, Bullish Analyst Says”

The post The Enormous Potential of Tempus AI in the Healthcare Technology Market first appeared on The London Bell.

The elaborate scheme, orchestrated in 2022, employed technology developed by a senior editor at RT, a media outlet funded by the Russian state, to establish a “social media bot farm.” This undertaking received backing and financial authorization from the Kremlin, with an official from Russia’s Federal Security Service leading a private intelligence organization in the propagation of disinformation on social media through a network of fabricated accounts.

The intervention undertaken by the Justice Department represents a significant milestone in the combat against Russian-backed AI-enhanced social media bot farms. Christopher Wray, Director of the FBI, emphasized Russia’s intent to utilize this bot farm to propagate AI-generated foreign disinformation, specifically with the aim of undermining Ukraine and shaping geopolitical narratives favourable to the Russian government.

One example of the fabricated content produced by the disinformation campaign was a video purportedly depicting Russian President Vladimir Putin asserting that areas of Ukraine, Poland, and Lithuania were “gifts” from liberating Russian forces during World War II. Furthermore, an individual posing as a US constituent responded to social media posts by a federal candidate regarding the conflict in Ukraine with a video of Putin justifying Russia’s actions.

As part of the intervention, the Justice Department seized two domain names and conducted a search of 968 accounts on “X,” a social media platform formerly known as Twitter. According to a joint cybersecurity advisory released by US, Dutch, and Canadian authorities, the software employed to disseminate disinformation also targeted countries such as Poland, Germany, the Netherlands, Spain, Ukraine, and Israel. The advisory disclosed that the software, known as Meliorator, was capable of spreading disinformation on “X” and potentially other social media platforms.

This action taken by US authorities signifies a proactive measure in thwarting foreign influence campaigns and the potential misuse of AI technology to interfere with democratic processes. It also serves as a reminder of the persistent threat posed by disinformation and the necessity for sustained vigilance in safeguarding against such subversive activities in the digital realm.

The post US Thwarts Russian AI-Enhanced Disinformation Campaign first appeared on The London Bell.

The ‘Transforming the Enterprise of the Future’ study by KPMG gathered insights from a global survey of over 480 senior leaders and 1,600 line leaders from companies with an annual revenue of at least $500 million. The findings indicated that while executives anticipate significant technological impacts on their operations, less than one-third feel adequately prepared for these changes.

The study also highlighted that within the past year, 28% of the respondents experienced significant shifts in how technology has influenced their business operations. Looking ahead to the next three years, this figure is expected to grow to 43%. This reflects a growing awareness among businesses of the impending impact of technology, as evidenced by 88% of the respondents concurrently pursuing multiple organizational transformations.

Tash Moore, global transformation leader at KPMG International, shared, “We’re at a real inflection point in the digital revolution. Enterprises can capitalise on this to create and unlock greater value and achieve competitive advantage.” However, when it comes to assessing their technology foundation’s readiness for these changes, only 29% of the respondents felt well-prepared, with a mere 4% describing themselves as “very highly” prepared.

In response to the need to enhance their technological foundations, many businesses are shifting towards collaborative approaches. The study indicated a shift away from the traditional methods of investing in in-house technology development or obtaining licensed technology for adaptation. Instead, an increasing number of companies are seeking strategic partnerships to facilitate their technological transformations. The research highlighted an 11% rise in the number of firms seeking strategic partnerships, reaching 40%, and a more than doubling of firms seeking full partnerships, rising to 28%.

According to Moore, “Transformation is now a continuous journey. Our research underscores the importance of trust in leadership and the strategic use of partnerships in navigating this complex digital landscape. Enterprises that effectively integrate advanced technologies and complement with digital literacy, strong leadership, and sound judgment are well-positioned to thrive.”

The study’s findings shed light on the evolving strategies employed by businesses in response to the challenges and opportunities presented by technological advancements. By embracing collaborative partnerships, companies are aiming to leverage the expertise of external entities to drive successful digital transformations. As we move forward into an increasingly technology-driven era, the role of strategic partnerships is becoming pivotal in ensuring the seamless integration of advanced technologies into business operations.

The post Businesses Embrace Collaborative Approaches for Technological Advancements first appeared on The London Bell.

Amar Maletira, the company’s Chief Executive Officer, expressed appreciation for the recognition, emphasizing Rackspace Technology’s holistic approach to cloud strategy and implementation expertise. He highlighted their inclusion in the IDC MarketScape assessment as a testament to the company’s capabilities and flexible operating model.

According to the IDC MarketScape report, Rackspace Technology boasts over 15 years of experience in managing clients’ cloud operations and has developed considerable cloud professional service capabilities in the process. The report also notes the company’s Elastic Engineering capabilities as being well-suited for clients navigating their migration and modernization efforts. Additionally, Rackspace Technology’s focus on a client’s desired business outcomes and its collaboration with other ecosystem partners in the cloud journey were recognized.

For those interested in delving into the details, IDC clients can access the IDC MarketScape: Worldwide Cloud Professional Services 2024 Vendor Assessment Report to gain comprehensive insights. Furthermore, additional information on Rackspace Technology’s solutions is available for interested parties.

IDC MarketScape uses a vendor assessment model aimed at providing an overview of the competitive prowess of technology and service suppliers in a given market. The assessment incorporates a stringent scoring methodology based on qualitative and quantitative criteria, ultimately resulting in a graphical representation of each supplier’s position within the market. This framework allows for a meaningful comparison of the strengths and weaknesses of technology suppliers, providing technology buyers with a comprehensive assessment of current and prospective suppliers.

Rackspace Technology, known for its leading end-to-end, hybrid, multi-cloud, and AI solutions, offers to design, build, and operate customers’ cloud environments across all major technology platforms, regardless of technology stack or deployment model. The company collaborates with its customers at every stage of their cloud journey, enabling them to modernize applications, develop new products, and adopt innovative technologies.

For inquiries and further information, media contacts can reach out to Natalie Silva at [email protected].

The post Rackspace Technology Recognized as Major Player in IDC MarketScape for Global Cloud Services first appeared on The London Bell.

Amar Maletira, the company’s Chief Executive Officer, expressed appreciation for the recognition, emphasizing Rackspace Technology’s holistic approach to cloud strategy and implementation expertise. He highlighted their inclusion in the IDC MarketScape assessment as a testament to the company’s capabilities and flexible operating model.

According to the IDC MarketScape report, Rackspace Technology boasts over 15 years of experience in managing clients’ cloud operations and has developed considerable cloud professional service capabilities in the process. The report also notes the company’s Elastic Engineering capabilities as being well-suited for clients navigating their migration and modernization efforts. Additionally, Rackspace Technology’s focus on a client’s desired business outcomes and its collaboration with other ecosystem partners in the cloud journey were recognized.

For those interested in delving into the details, IDC clients can access the IDC MarketScape: Worldwide Cloud Professional Services 2024 Vendor Assessment Report to gain comprehensive insights. Furthermore, additional information on Rackspace Technology’s solutions is available for interested parties.

IDC MarketScape uses a vendor assessment model aimed at providing an overview of the competitive prowess of technology and service suppliers in a given market. The assessment incorporates a stringent scoring methodology based on qualitative and quantitative criteria, ultimately resulting in a graphical representation of each supplier’s position within the market. This framework allows for a meaningful comparison of the strengths and weaknesses of technology suppliers, providing technology buyers with a comprehensive assessment of current and prospective suppliers.

Rackspace Technology, known for its leading end-to-end, hybrid, multi-cloud, and AI solutions, offers to design, build, and operate customers’ cloud environments across all major technology platforms, regardless of technology stack or deployment model. The company collaborates with its customers at every stage of their cloud journey, enabling them to modernize applications, develop new products, and adopt innovative technologies.

For inquiries and further information, media contacts can reach out to Natalie Silva at [email protected].

The post Rackspace Technology Recognized as Major Player in IDC MarketScape for Global Cloud Services first appeared on The London Bell.

Party Central has embarked on a bold mission to make event planning an exciting and stress-free experience. By connecting users with the most exceptional suppliers in the industry, the platform ensures that every event is a resounding success without the typical stress and headaches often associated with organizing events.

One of the platform’s most compelling offerings is its comprehensive suite of features intended to make event planning more accessible and enjoyable. Users have access to a wide array of event suppliers, spanning from caterers and DJs to venues and decorators. The platform prides itself on including both established professionals and emerging talents, offering an abundance of options for any event, with a special focus on weddings, parties, and corporate events. Furthermore, every vendor undergoes a rigorous vetting process by Party Central, ensuring that customers can trust the excellence and reliability of the suppliers they book through the platform.

As an impartial and unbiased platform, Party Central ensures that all suppliers are treated equally, creating a fair and level playing field for everyone involved in the process.

In addition to simplifying the entire booking process, Party Central also offers cost efficiency as a key advantage. The platform negotiates the best rates with suppliers and passes on the savings to customers, making high-quality services available for every budget and ensuring excellent value for money. Additionally, the intuitive platform streamlines the booking process, enabling customers to plan their entire event in one place. Users receive a personalized package via email or WhatsApp, complete with a secure checkout link.

Another notable aspect of Party Central’s operations is the use of advanced AI (artificial intelligence) to enhance efficiency, scale operations, and provide personalized recommendations to users. This AI-powered innovation allows the company to grow aggressively while maintaining high standards of service delivery and customer satisfaction.

The founders of Party Central, Tej Randeva and Dav Panesar, bring with them decades of combined experience across various industries such as technology, brokerage, finance, events, and luxury services. Their diverse backgrounds and successful ventures have laid the groundwork for Party Central’s innovative approach and ambitious growth plans.

“We are an extension of our suppliers’ businesses, helping them reach a wider audience and expand their operations,” says Dav Panesar, co-founder of Party Central. “We’re not just a platform; we’re partners in success. Our goal is to boost business for our suppliers and make event planning effortless for our customers.”

Furthermore, Party Central is dedicated to driving growth for suppliers while providing customers with a seamless booking experience. “Event planning should be exciting and effortless,” adds Tej Randeva, co-founder of Party Central. “Our platform connects users with the best suppliers in the business, ensuring every event is a hit without the hassle.”

In addition to revolutionizing event planning, Party Central is also contributing to local employment by creating at least five new jobs at its new booking office in the Greater London area, thereby supporting the local economy and providing opportunities for growth and development.

Following its launch, Party Central is poised for substantial growth. A dedicated UK sales team will spearhead market presence and customer engagement, while the new UK headquarters will enhance team coordination and service offerings. The company’s expansion plans include diversifying its services across various sectors, such as corporate events, private parties, weddings, and destination weddings, working with both UK and international suppliers. By broadening its offerings, Party Central aims to become the go-to platform for all event planning needs in London and across the UK.

For further details and to get started, please visit partycentral.co.uk. Suppliers interested in joining the Party Central network can sign up at partners.partycentral.co.uk.

The post The Revolution: A New Era for Event Planning in London first appeared on The London Bell.

Recently, researchers have made a significant discovery in the field of wearable technology – the creation of a wearable air curtain that serves as an invisible barrier, effectively blocking an impressive 99.8% of airborne viruses. This innovative personal protective tool has the potential to greatly reduce the transmission of viruses, representing a crucial moment in public health protection.

Operation
The wearable air curtain works by establishing a continuous, unseen airflow barrier around the user, effectively protecting them from incoming pathogens. This is made possible through the use of advanced micro-fans and high-efficiency particulate air (HEPA) filters, which work together to create a protective barrier.

Characteristics and Advantages
One notable feature of this wearable air curtain is its ability to block 99.8% of aerosol viruses, making it an incredibly effective form of protection, especially in densely populated areas. Unlike traditional masks, the air curtain provides comfort without obstructing the wearer’s face, making it more comfortable to wear for extended periods and allowing for easy recognition.

While the current model is designed to work with a helmet, its potential applications extend to healthcare settings, public transportation, and any other environment where reducing the spread of airborne pathogens is important.

The Science Behind the Technology
The invisible shield uses a combination of air filtration and airflow management to create a protective barrier around the wearer. The HEPA filters have the ability to trap particles as small as 0.3 microns, capturing the majority of airborne viruses. At the same time, the micro-fans generate a controlled airflow that continuously repels these particles away from the wearer, ensuring that the breathing zone remains uncontaminated.

Implications for Public Health
The introduction of the wearable air curtain has profound implications for public safety, as it provides superior protection compared to traditional masks. Furthermore, its use has the potential to ease the strain on healthcare systems by reducing the incidence of viral transmission in community settings.

Future Prospects
As advancements in wearable technology continue to progress, we can expect further improvements in efficiency and usability. This is likely to lead to the development of smaller, lighter, and less obvious devices in the near future.

Frequently Asked Questions
– Usage Duration: The duration of use before a recharge or filter replacement is needed varies depending on the specific model and usage conditions. However, most devices can last several hours on a single charge, with periodic filter replacements.
– Compatibility with Other Equipment: The wearable air curtain is designed to be compatible with other protective equipment, allowing users to use it alongside other forms of protection.
– Purchasing Options: Due to its recent introduction, wearable air curtains may still be relatively difficult to find. Potential buyers are encouraged to explore specialized retailers, online marketplaces, or visit manufacturers’ websites for purchasing options.

For more science news and to engage in discussions, follow GeekSided.

The post The Revolutionary Wearable Air Curtain: A Breakthrough in Public Health Protection first appeared on The London Bell.

This decision reflects a broader trend observed in various cities and states, as apprehensions grow surrounding the potential for misapplication and unjust detentions stemming from facial recognition technology. A recent investigation unveiled a minimum of six instances of false arrests due to this technology, prompting authorities to reevaluate its unrestricted utilization. Additionally, reports of regulatory loopholes have emerged, with certain law enforcement agencies seeking assistance from other jurisdictions with access to facial recognition software.

Commentators have expressed a range of perspectives on this issue. While some argue that educating investigators on the limitations of facial recognition technology and imposing stricter standards can forestall future wrongful arrests, others maintain that the risks outweigh the benefits. The American Civil Liberties Union (ACLU), for instance, asserts that there is no secure method for police to employ facial recognition, as it can frequently exacerbate the unreliability of security footage, leading to further complexities.

Amidst the controversies, law enforcement agencies are steadfast in their assertion that facial recognition technology has proven to be instrumental in resolving criminal cases. In one instance, it facilitated investigators in locating a suspect in a fatal shooting. Nonetheless, concerns persist regarding potential misapplication and incorrect identifications, prompting calls for additional regulatory measures to ensure the conscientious and ethical application of this powerful technology.

In light of these developments, a bill in California is striving to regulate the use of facial recognition technology by police. Proponents argue that regulation is essential to strike a balance between the advantages of the technology and the imperative to safeguard civil liberties. Critics, conversely, posit that the inherent flaws in the technology and the potential for misinterpretation pose substantial risks.

The discourse surrounding the utilization of facial recognition technology is evolving as both factions endeavour to identify common ground on the most effective means of regulation. This mounting unease about facial recognition technology underscores the necessity for transparency, oversight, and ethical guidelines to safeguard individual rights and uphold public trust in law enforcement.

The post Facial Recognition Rules Changing in Detroit: What’s Behind the Decision first appeared on The London Bell.