How AI defense tech developer Rebellion Defense is struggling to survive after failing to win a US DOD contract, losing its founders, and shuttering its UK arm
Forbes : X: @drleostrauss , @mideastxmidwest , and @davidjeans2 X: @drleostrauss : Cautionary SV-DoD tale. $1 billion 🇺🇸 SV defense sector AI start up. Chased DoD contracts without an actual core pro...
In an email, Better.com's board says CEO Vishal Garg is “taking time off effective immediately” and it hired a firm to “do a leadership and cultural assessment”
Market summary: 📊 — India ended flat on Friday, finishing the week overall in the green. Jody Serrano / Gizmodo : Better.com CEO Who Fired 900 Employees on Zoom and Behaved Like Trash Is ‘Taking Tim...
Source: NS8, a startup designed to protect online transactions, lays off ~240 staff amid SEC fraud investigation; CEO abruptly departed last week
David Jeans / Forbes :
Sources say ScaleFactor, which raised ~$100M to automate bookkeeping before blaming COVID-19 for its closure, used dozens of human accountants instead of AI
Kurt Rathmann told his big-name investors he had developed groundbreaking AI to do the books for small businesses. In reality, humans did most of the work. Tweets: @davidjeans2 , @dannygroner , @davi...