Genomic testing plus one of the largest multimodal clinical datasets, used for AI models and trial matching.
Tempus AI, based in Chicago and listed as TEM, pairs genomic testing with one of the largest multimodal clinical datasets, used to build AI models and match patients to trials. It sells xT, a 648-gene panel with an FDA-approved CDx version, xR for RNA, xF and xM for liquid biopsy and MRD, the TIME trial matching service and algorithms such as Tempus ECG-AF, and it owns Ambry Genetics for germline testing, with Personalis and Deep 6 AI also linked. OnCo links it to comprehensive genomic profiling, AI trial matching, oncology real-world data platforms and multimodal models, and to bottlenecks on AI that is built but not validated, data silos and patient navigation, with ideas on a shared multimodal foundation model attached. Whether its data advantage produces validated clinical tools rather than only revenue is the open question. Tempus xT CDx has its own page.
| Date | Deal | Type | Upfront | Total | Source |
|---|---|---|---|---|---|
| 2026-07 | Personalis (Tempus) to Tempus AI NeXT Personal tumour-informed MRD test | Acquisition | not disclosed | about $1.5bn in stock ($16.25 per share) | source |
All-stock deal at $16.25 per share announced July 2026; the companies guided to a close in late 2026 or early 2027. Source
Tempus's tumour-and-normal gene panel, FDA-approved in 2023 as a companion test for EGFR antibodies in bowel cancer.
Shares A global federated real-world evidence network at regulatory grade, Emulate combination trials from real-world data to triage which ones to run, Label every targetable mutation as truncal or branch on the report, A single calibrated tumour mutational burden across all sequencing panels.
Shares A pre-competitive consortium to train a shared multimodal cancer foundation model, Digital twins and virtual control arms, Patient-level multimodal foundation models for treatment selection, Pathology & radiology foundation models.
Shares Label every targetable mutation as truncal or branch on the report, Every tumour sequencing report lists open, nearby, matched trials pulled live, Every tumour genomic report machine-readable and deposited nationally, Weak real-world evidence and registries.
Shares Tempus multimodal models, Patient-level multimodal foundation models for treatment selection, AI trial matching & clinical decision support, Pathology & radiology foundation models.
Shares A pre-competitive consortium to train a shared multimodal cancer foundation model, Pathology & radiology foundation models, AI that is built but not validated or deployed, Data silos.
Shares Patient-level multimodal foundation models for treatment selection, Pathology & radiology foundation models, AI that is built but not validated or deployed, No one can predict who responds to immunotherapy.
Shares Patient-level multimodal foundation models for treatment selection, Pathology & radiology foundation models, AI in oncology roadmap: pattern readers → foundation models → agents in the workflow, AI that is built but not validated or deployed.
Shares Patient-level multimodal foundation models for treatment selection, Pathology & radiology foundation models, AI in oncology roadmap: pattern readers → foundation models → agents in the workflow, AI that is built but not validated or deployed.
Commercial and regulated products that this organisation sells. Each card says what is behind it: a regulator's database, the literature, a public body's list, or only the company's own words. Listing is not endorsement, and a clearance is a regulatory fact, not a clinical one.
A sequencing panel and the interpretation platform Tempus reports it through, sold alongside its real-world data and trial-matching products.