Oura Files IPO Paperwork, Nvidia CEO Addresses AI Doomsday Concerns
Wearable health tracking company Oura has filed for an initial public offering (IPO), aiming to raise up to $2.2 billion by selling between $40 and $44 per share of its 50 million shares. The company reported revenue of $1.2 billion in the nine months ending June 30, a significant increase from $697 million during the same period last year, though it also recorded a net loss of $924 million. Meanwhile, Nvidia CEO Jensen Huang addressed concerns about AI doomsday scenarios during an interview with CBS News. He dismissed fears that AI could lead to human extinction as 'completely false,' emphasizing they are not grounded in facts or science. However, he acknowledged the importance of researchers' safety concerns regarding AI development.
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Topics: AI Ethics Tech Stocks Wearables Market