Fisker loses customers' money, Robinhood launches a credit card, and Google generates travel itineraries
This week, TC's auto reporter Sean O'Kane revealed how EV startup Fisker temporarily lost track of millions of dollars in customer payments as it scaled up deliveries, leading to an internal audit that started in December and took months to complete. Mostaque’s departure from Stability AI -- the startup known for its popular image generation tool Stable Diffusion -- comes amid an ongoing struggle for stability (pun intended) at the company, which was reportedly spending ~$8 million a month as of October 2023 with little revenue to show for it. Fisker suspended: Fisker&#...
Source: yahoo.com
