Despite seemingly having nothing else in the pipeline and the AI Pin being dead on arrival, Bloomberg reports the company is “seeking a price of between $750 million and $1 billion in a sale.”

  • Nommer@sh.itjust.works
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    6 months ago

    So this is scam right? Overpromise on a product that doesn’t work then sell the company for some huge price because it’s cutting edge technology? Because it feels like a scam.

    • mPony@lemmy.world
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      6 months ago

      remember how over the past few years almost everything brand new had the word “blockchain” shoehorned into it for no good reason?

      This is the same kind of thing. It’s an atrocious boondoggle. There must still be a serious amount of cocaine floating around Venture Capitalist parties, because one of those boys is gonna drop 500M on this company and think they bought the dip, when in fact they, themselves, are the dip.