Tempest AI in Podcasts
companyA for-profit business focused on artificial intelligence technology.
Mentions in Podcasts
Now, one of the reasons we watch Tempest AI is really twofold or threefold. One, it's founded by people that are local to us. So we watch it and we're curious. They've done a tremendous job as entrepreneurs. Second, when a nephew, he had a serious, horrendous cancer several years ago.
The short selling reports are always so convoluted because sometimes the short sellers are driving reports to try and drive the stock down so they can profit from short selling. But in any event, the stock dropped about 20% yesterday. It's back up a few percent today. And so you don't worry too much about Tempest. It's also up about 62% year to date. So it's doing just fine.
about 9.5 billion. I think there's five or six of the biggest shareholders on about 51% with Eric, this brilliant entrepreneur owning about 26% or so of those shares. Tempest fell yesterday on a critical report from a short seller.
Tempest AI was founded by a brilliant entrepreneur, Eric Kowalski. He's also the founder of a company called Groupon. His partner in founding Groupon, Brad Keywell, is not a founder in Tempest AI, but an early investor in Tempest AI. And between the two of them, they own a substantial amount of the shares in Tempest. Tempest AI, just for background, is currently as a market cap investor.
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