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Video Generator AI Project Shut Down Due To Unprofitability

WBUR Boston Boston 51d49d Impact 3
Cersei Bios, a five-year-old company, wound down operations last week. The company's work included producing the first-ever chocolates made from fermented gas. The founder stated the company was not profitable. Cersei Bios had approximately a dozen employees at the time of closure. Experts noted that while artificial intelligence is being applied in various areas, the costs of developing this specific generator significantly outweighed its revenue. The company decided to abandon the project to concentrate on other directions.

Topics

biotechnology food science business closure

Developing

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Sources · 7 independent

WBUR Boston

“the company wound down operations last week, she says the company's work, which included making the first-ever chocolates from fermented gas, was not profitable.”

Business FM Russia

“Шора генератор видео закрылся, потому что он был настолько неприбыльный, по сравнению даже с другими моделями, что просто посчиталось, что лучше от него отказаться и сконцентрироваться на других направлениях.”

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