$30,000,000 AI Is Hiding a Scam
A video on YouTube. In Business & Money, a Krater category.
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An investigation into Rabbit Inc. and its founder Jesse Lyu, exploring the controversies surrounding the Rabbit R1 tech product and its connection to a previous venture called GAMA.
From the video
Answers: Is the Rabbit R1 and its founder connected to previous crypto scams?
- Rabbit R1 AI hardware
- Rabbit Inc. corporate history
- GAMA NFT project
- Jesse Lyu background
- Crypto and NFT controversies in tech startups
What it concludes
- Rabbit Inc. was originally registered under the name Cyber Manufacture Co., which raised venture capital for an NFT and gaming project called GAMA before pivoting to AI hardware.
- Founder Jesse Lyu claimed GAMA was just a fun little project, despite previously promising extensive metaverse, comic book, and clean energy cryptocurrency features.
- Both the Rabbit R1 and the GAMA NFT project have been criticized as overhyped consumer-facing businesses that failed to deliver on their initial promises.
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