Tempus AI, Inc. is trading 4.6% down at $47.33 today, a move that comes despite the company announcing a significant new initiative.

  • Tempus has launched a digital pathology open-source consortium to accelerate the adoption and standardization of digital pathology.
  • Yale New Haven Hospital and Memorial Sloan Kettering Cancer Center are founding academic members of the consortium and will help define its vision and strategic direction.
  • As part of the initiative, Tempus will open-source its existing Paige Image Management System (IMS) to foster collaboration and development within the research community.