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.

you are viewing a single comment's thread
view the rest of the comments
[–] 1 point 5 months ago* (1 child)

I think they intend to IPO this year and need to slow the hemorrhaging funds quickly to be more appealing to the stock market.

  • source
  • parent
  • hideshow 1 child comment