cross-posted from: https://lemmy.world/post/44699253

This is clearly a sign that the product failed to draw in enough customers and its viability was overhyped.

Hopefully, it is the start of the AI bubble bursting.

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[–] 19 points 5 months ago

It all runs on debt, but the ai companies are having problems finding new lenders and the enormous cost of video generation shortens the runway.

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