this post was submitted on 28 Nov 2023
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Looking it up, it traces back to a 2010 acquisition of a company called RareLight, and currently it is estimated (per Bloomberg and quoted here) that 'hundreds of engineers' are working on it.
While earlier in 2023 a 'breakthrough' had been talked about, it is still behind a secret development project, consuming many millions of $. And the device being worked on would be a "prototype device about the size of an iPhone that can be strapped to a person’s bicep.” So a very different thing altogether compared to the phone.
In the medical device business, plenty of existing companies for about a $10B business. Are they asleep regarding a non-invasive monitor? No way.
Still many years away...