Scandal articles

builder

Builder.ai collapses after revelation that its "AI" was hundreds of engineers

Billion-dollar implosion exposes the perils of AI hype
Cutting corners: Builder.ai promised to revolutionize software development with artificial intelligence – and convinced deep-pocketed investors it had. Backed by Microsoft and valued at $1.5 billion, the startup masked manual labor as machine learning until the facade crumbled, leaving behind lawsuits, layoffs, and one of the industry's most embarrassing collapses.
seagate china web hard drive retail fraud investigation cryptocurrency scandal data center chia

Used Seagate drives sold as new traced back to crypto mining farms

A hot potato: A widespread scandal involving used Seagate hard drives fraudulently sold as new has continued to escalate, with new evidence suggesting that the drives originated from Chinese cryptocurrency mining farms. The drives, many of which had logged 15,000 to 50,000 hours of prior use, were reportedly altered to appear unused before re-entering the retail supply chain.