Sam Hupert, the billionaire co-founder of Pro Medicus, has sought to calm investor fears that artificial intelligence is a threat to his company, after shares in the medical imaging software group sank more than 20 per cent despite posting a strong first-half result.
After years as one of the strongest performers on the ASX, Pro Medicus shares have been caught up in the global wave of panic selling in companies that are potentially exposed to rapid advances in AI.
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