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Great, since you're here: what's your comment on the allegation that engineer.ai defrauded investors with fake AI?
by hitekker 7y ago
Great, since you're here: what's your comment on the allegation that engineer.ai defrauded investors with fake AI?
- rohan404 7y agoDisclaimer - I'm a VP E at Engineer.ai We've been very transparent with our investors on where we are in the process of creating this platform both pre-investment and post. They actually responded to the WSJ article: A spokeswoman for Deepcore said it has complete confidence in Mr. Duggal’s vision and team. A spokesman for Jungle Ventures said it is a proud investor in Engineer.ai and its technology, adding that “the AI landscape is a varied spectrum.” A Lakestar spokeswoman said it also has confidence in Engineer.ai and its team, adding that “growth in the AI space does not happen overnight.” It said Engineer.ai had been very careful in presenting its technology to Lakestar and other investors
- mikeryan 7y agoAll due respect but I wouldn't expect a VC to say anything else. These guys want to be able to peddle their stake onto someone else in a future round. I'll be more interested in what those investors do in your next funding round.