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dgerard@awful.systems

Humane AI finally shuts down, HP pays $116m for the pieces — not including the Ai Pin (pivot-to-ai.com)

submitted 2 days ago by dgerard@awful.systems to c/techtakes@awful.systems

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[–] dgerard@awful.systems 11 points 2 days ago* (last edited 2 days ago) (1 children)

per link, venture capital has been very reluctant to unambiguously realise the losses. a $1b book value is an (imaginary) asset you can hug and hold, a $114m loss is not.

[–] froztbyte@awful.systems 5 points 2 days ago

venture capital has been very reluctant to unambiguously realise the losses

don't believe the broadsheets / the gravy train's a-rockin'