this post was submitted on 24 Mar 2026
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cross-posted from: https://lemmy.world/post/44699253

This is clearly a sign that the product failed to draw in enough customers and its viability was overhyped.

Hopefully, it is the start of the AI bubble bursting.

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[โ€“] Jyek@sh.itjust.works 1 points 1 day ago* (last edited 1 day ago) (1 children)

I think they intend to IPO this year and need to slow the hemorrhaging funds quickly to be more appealing to the stock market.

[โ€“] mrmaplebar@fedia.io 1 points 1 day ago

I guess. But shrinking the scope of their products doesnt exactly inspire the idea of infinite growth.