Closure News

Latest2 September 2025

Tesla discontinues Dojo supercomputer project

Featured28 February 2026

Myrient Archive Shuts Down Due to Costs

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The Vendor Reckoning3 Mar 2026

11 articles•Trending news and insights for business leaders and tech professionals.

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The Vendor Reckoning3 Mar 2026

MAR2026

The tech sector witnesses a shift, with Tesla discontinuing Dojo, and Amazon closing Blue Jay and its Shanghai AI lab. Adobe and Verily also pivot, ceasing Animate and medical device programs, respectively. Meanwhile, Myrient shuts down due to rising costs, and Builder.ai faces insolvency and legal scrutiny, highlighting financial pressures and strategic realignments.

Recent closure events

28 February 2026

Myrient Archive Shuts Down Due to Costs

Myrient, a 390TB online video game archive, will shut down by March 31, 2026. Escalating hardware costs, driven by an AI-driven supply squeeze, combined with insufficient funding and commercial misuse, made the service unsustainable for its creator.

18 February 2026

Amazon terminates Blue Jay robotics project

Amazon terminated its Blue Jay robotics project to consolidate resources into core automation programmes. This shift follows a broader restructure under Rohit DeSantis, prioritising scalable infrastructure over experimental hardware to support a $200B AI investment strategy.

3 February 2026

Adobe discontinues Animate software

Adobe will discontinue its Animate software on March 1, 2026, shifting focus to AI. This mandates a forced migration for users, impacting content creation workflows and increasing the burden on IT procurement to secure alternative solutions.

14 November 2025

Burry Closes Scion Capital Fund

Michael Burry has closed Scion Asset Management, citing concerns over inflated tech and AI valuations and aggressive accounting practices that could understate depreciation by $176 billion, leading to fund liquidation.