Verily Discontinues Medical Device Program
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Verily Discontinues Medical Device Program

Verily ends device program, pivots to AI.

Builder.ai files for bankruptcy
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Builder.ai files for bankruptcy

AI app builder collapses amid financial mismanagement allegations.

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Tech faces a reckoning as Verily halts device programs, focusing on AI, while Amazon closes its Shanghai AI lab amid US-China tensions. Builder.ai's bankruptcy exposes "AI-washing" risks, revealing inflated revenue and sparking scrutiny of unaudited claims, signalling a shift towards genuine AI innovation.

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Verily Discontinues Medical Device Program

Verily Discontinues Medical Device Program

Verily ends device program, pivots to AI.

Read more about Verily Discontinues Medical Device Program →
Builder.ai files for bankruptcy

Builder.ai files for bankruptcy

AI app builder collapses amid financial mismanagement allegations.

Read more about Builder.ai files for bankruptcy →
Amazon Closes Shanghai AI Lab

Amazon Closes Shanghai AI Lab

Amazon shuts down its Shanghai-based AI research lab.

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Builder.ai faces legal, financial scrutiny

Builder.ai faces legal, financial scrutiny

US prosecutors sought Builder.ai data before its collapse amid overstated sales.

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Builder AI Closes Amid AI-washing

Builder AI Closes Amid AI-washing

Builder AI's collapse highlights the risks of 'AI-washing' and investor demand for genuine innovation.

Read more about Builder AI Closes Amid AI-washing →