Summary from the original article
Oura, the smart ring maker that recently delayed plans to go public, said it will pay $625 million to acquire Counsel Health, a clinical AI startup.
By Mario Aguilar ·
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Upgrade this serverOura announced its quarterly earnings today and said it agreed to acquire Counsel Health for $625 million, after adding the company's AI chatbot to its app earlier this year. Counsel Health calls itself an "AI-native primary care company," using the app to deliver AI-generated responses and insights based on users' health data reported from their […]
Yesterday · theverge.com
The deal comes a few weeks after Oura postponed its up to $2.2 billion IPO indefinitely, citing “uncertainty in the IPO market.”
Yesterday · techcrunch.com
The all-cash deal is expected to close before year-end, and Counsel's CEO will become Oura's chief clinical AI officer
Yesterday · qz.com
Oura is buying Counsel Health, an AI-native primary care company, for $625m in cash. The deal puts Counsel’s medical AI and its doctors inside the Oura app, Oura said on Tuesday. Ring wearers will go from a health insight to a chat with an AI, then to a physician. Oura expects to close the deal […] This story continues at The Next Web
Yesterday · thenextweb.com
Oura, the smart ring maker that recently delayed plans to go public, said it will pay $625 million to acquire Counsel Health, a clinical AI startup.
Yesterday · statnews.com · You are reading this one
Oura Inc. agreed to acquire artificial intelligence and on-demand doctor service Counsel Health Inc. for $625 million, expanding its business following a scrapped attempt to go public.
Yesterday · bloomberg.com
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