| ▲ | Failed AI tractor company lays off all employees, abandons Bay Area headquarters(sfgate.com) | |||||||
| 8 points by randycupertino 5 hours ago | 2 comments | ||||||||
| ▲ | randycupertino 5 hours ago | parent [-] | |||||||
> Monarch Tractor raised over $240 million for its self-driving, electric tractors guided by artificial intelligence that debuted in 2023. That year, Time called the vehicle one of the year’s greatest inventions, and Forbes predicted that the company would become the world’s next billion-dollar startup. The company was later valued at $518 million. Now, the company has abandoned its Livermore headquarters after laying off its entire staff last year and warning it may “shut down.” The instagram video of a farmer trying it out is interesting- the farmer noted it was dangerous and the only thing he could successfully get it to do was split logs: https://www.instagram.com/p/DWec9aukq-Q/ | ||||||||
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