Tag: admits

Business

IQM, Europe’s first public quantum company, admits the future of the tech is uncertain |

July 3, 2026
Anna Heim
No Comments

IQM, a full-stack quantum company out of Finland, went public on the Nasdaq Thursday via a SPAC merger at a valuation of about $1.9 billion.…

Primers

Meta CTO Andrew Bosworth Admits the Company’s AI Reorg Was ‘Atrocious’

June 16, 2026
Lauren Goode
No Comments

Meta did an “atrocious” job of rolling out a new artificial intelligence division and will aim to “rekindle” a more cheerful internal culture through better…

Primers

Elon Musk Seemingly Admits xAI Has Used OpenAI’s Models to Train Its Own

April 30, 2026
Maxwell Zeff
No Comments

While testifying on Thursday in federal court, Elon Musk seemed to indicate that his AI lab may have used OpenAI’s models to train xAI’s own.…

Business

Cursor admits its new coding model was built on top of Moonshot AI’s Kimi |

March 23, 2026
Anthony Ha
No Comments

11:41 AM PDT · March 22, 2026 AI coding company Cursor launched a new model this week called Composer 2, which it promoted as offering…

Business

Cluely CEO Roy Lee admits to publicly lying about revenue numbers last year |

March 6, 2026
Julie Bort
No Comments

The $7 million in annual recurring revenue that Cluely co-founder and CEO Roy Lee shared with TechCrunch last summer was a lie, Lee admitted on…