Search results for Oura
Telecommunications & Media
Oura files confidential IPO paperwork with U.S. SEC, valued at $11 billion
Smart ring maker Oura has filed initial public offering paperwork with the U.S. Securities and Exchange Commission, starting the listing process. It is working with major investment banks including Goldman Sachs, Morgan Stanley and JPMorgan Chase, but has not disclosed a timetable. After a recent $875 million fundraising, Oura has been valued at about $11 billion, reports said. CEO Tom Hale said cumulative sales reached 5.5 million rings last year.
AI & Enterprise
WebAI valuation tops $2.5 billion after funding round
Privacy-focused AI startup WebAI lifted its valuation to $2.5 billion through an extended Series A funding round, SiliconANGLE reported. Investors included Marc Benioff’s Time Ventures and Atreides Management, with existing backer Forerunner Ventures also participating. WebAI offers a platform to build “sovereign AI” models on local infrastructure, enabling companies to run AI on their own devices without sending data to cloud servers.
AI & Enterprise
OpenAI adds \'health hub\' feature to ChatGPT for personalized advice via wearables
OpenAI is moving to bolster healthcare capabilities in ChatGPT as a core strategy to develop it into a “personal super assistant,” The Information reported, citing multiple sources. The planned “health hub” would connect with wearables such as the Oura Ring, Apple Watch and Whoop to analyze health data including sleep, heart rate and blood glucose. It may appear as a new “Health” tab within ChatGPT.