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Mark Bergen

London

Reporter at Bloomberg News

Hack for @business and @technology. Author of LIKE, COMMENT, SUBSCRIBE https://t.co/VK6o6Ft4Ry over here now https://t.co/FIZIsiZxPV

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Articles

  • Builder.ai Faked Deals With VerSe to Inflate Sales, Sources Say (1)

    6 days ago | news.bloomberglaw.com | Yazhou Sun |Mark Bergen |Newley Purnell

    Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here. Builder.ai, the artificial intelligence startup that recently announced plans to declare bankruptcy, faked business with the Indian social-media startup VerSe Innovation for years to falsely inflate its sales, according to documents reviewed by Bloomberg and people with direct knowledge of the practice.

  • Builder.ai Faked Deals With VerSe to Inflate Sales, Sources Say (1)

    6 days ago | news.bloombergtax.com | Yazhou Sun |Mark Bergen |Newley Purnell

    Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here. Builder.ai, the artificial intelligence startup that recently announced plans to declare bankruptcy, faked business with the Indian social-media startup VerSe Innovation for years to falsely inflate its sales, according to documents reviewed by Bloomberg and people with direct knowledge of the practice.

  • Builder.ai Faked Business With Indian Firm VerSe to Inflate Sales, Sources Say

    1 week ago | financialpost.com | Yazhou Sun |Mark Bergen |Sankalp Phartiyal

    Advertisement 1 Builder.ai, the artificial intelligence startup that recently announced plans to declare bankruptcy, faked business with the Indian social-media startup VerSe Innovation for years to falsely inflate its sales, according to documents reviewed by Bloomberg and people with direct knowledge of the practice.The two companies routinely billed one another for roughly the same amounts between 2021 and 2024, documents reviewed by Bloomberg show, as part of an alleged practice known as...

  • Builder.ai Faked Business With Indian Firm VerSe to Inflate Sales, Sources Say

    1 week ago | bloomberg.com | Yazhou Sun |Mark Bergen |Newley Purnell

    The Builder.ai booth at the Web Summit in Lisbon, Portugal.

  • UAE’s AI University Aims to Become Stanford of the Gulf (1)

    2 weeks ago | news.bloomberglaw.com | Omar El Chmouri |Mark Bergen

    A few weeks before Donald Trump announced plans to lift semiconductor restrictions on the United Arab Emirates, a move with the potential to supercharge the region’s AI development, Eric Xing sat in his office in Abu Dhabi and discussed what the future might look like. Xing, a computer scientist who previously taught at Stanford and Carnegie Mellon, is president of Mohamed bin Zayed University of AI, a six-year-old institution uniquely positioned to shape the coming AI boom.

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Mark Bergen
Mark Bergen @mhbergen
30 Oct 24

From last night, a little capstone on the Stability AI saga: seven months after leaving, former CEO has given up his controlling shares. https://t.co/YcntuE7ZZ0

Mark Bergen
Mark Bergen @mhbergen
28 Oct 24

RT @Techmeme: A profile of Italian private equity firm Bending Spoons, which bought WeTransfer, Evernote, and other distressed subscription…

Mark Bergen
Mark Bergen @mhbergen
28 Oct 24

RT @oliviasolon: US efforts to counter China's so-called Digital Silk Road in Africa are intensifying, led by eBay's former CEO Meg Whitman…