14 November 2025Burry Closes Scion Capital FundMichael 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.Read more about Burry Closes Scion Capital Fund →
17 October 2025Builder.ai Enters Insolvency ProceedingsMicrosoft-backed AI startup Builder.ai enters insolvency after financial difficulties and overstated sales.Read more about Builder.ai Enters Insolvency Proceedings →
2 September 2025Tesla discontinues Dojo supercomputer projectTesla discontinues Dojo supercomputer development, shifting to external AI chip partnerships.Read more about Tesla discontinues Dojo supercomputer project →
27 August 2025Verily Discontinues Medical Device ProgramVerily ends device program, pivots to AI.Read more about Verily Discontinues Medical Device Program →
31 July 2025Builder.ai files for bankruptcyAI app builder collapses amid financial mismanagement allegations.Read more about Builder.ai files for bankruptcy →
23 July 2025Amazon Closes Shanghai AI LabAmazon shuts down its Shanghai-based AI research lab.Read more about Amazon Closes Shanghai AI Lab →
26 May 2025Builder.ai faces legal, financial scrutinyUS prosecutors sought Builder.ai data before its collapse amid overstated sales.Read more about Builder.ai faces legal, financial scrutiny →
23 May 2025Builder AI Closes Amid AI-washingBuilder AI's collapse highlights the risks of 'AI-washing' and investor demand for genuine innovation.Read more about Builder AI Closes Amid AI-washing →
