Becker Private Equity & Business Podcast
Tempus AI Surges: A Few Key Points 1-22-25
Wed, 22 Jan 2025
In this episode, Scott Becker shares insights into Tempus AI’s 35% stock surge, and the brilliance of its founder, Eric Lefkofsky.
Chapter 1: What is Tempus AI and its role in oncology?
This is Scott Becker with the Becker Private Equity and Business Podcast. Today's discussion is about Tempus AI. And Tempus AI is sort of an oncology information services, concierge, consulting firm. You go to Tempest AI to confirm your cancer findings, or if you're a patient, doctors and hospitals use it for that too, and to further dig into what's going on and what the possibilities are.
Chapter 2: Why did Tempus AI's stock surge 35%?
You also might go to it as a patient to try and use it as an extra resource to figure out where you should be getting treatment, what you should be doing, and so forth. Now, the stock jumped 35% yesterday on news of them adding an AI concierge service. God only knows what that means, but it jumped like crazy.
Chapter 3: Who is the founder of Tempus AI?
The founder of Tempest AI is the richest guy in Illinois, just a brilliant, brilliant founder, investor. He was the guy who founded Groupon. Eric Gavkowski is just simply amazing. And I think now the richest guy in Illinois, particularly now that – Ken Griffin left and JB Pritzker is able to hide a lot of his, you know, assets and services.
But by far, I think the richest person in Illinois now is Eric Kowalski. But really amazing what he's accomplished. The other thing that they noted in the press release or discussions that was reported. is that Nancy Pelosi is an investor in Tempest AI. And that's actually a fascinating, too, how these Washington insiders end up insiders in all these companies as well.
And that's on both sides of the aisle. That's certainly not unique to Democrats. That's for both sides of the aisle. But again, Tempest AI, knocking it absolutely out of the park, and Eric Gavkowski profiting well as well. God bless him, a good guy, a smart guy. Congratulations to him. Congratulations to Tempest AI. We'll see how this plays through.
And I guess congratulations to Nancy Pelosi, who does an incredible job of insider investing, like many Republicans and Democrats do, not just Democrats. Thank you for listening to the Becker Private Equity and Business Podcast. Always great to visit with you. Thank you very, very much.