Comment by drob518

That was the first thought I had, too. When the dot-com bubble burst, every VC was slapping companies together to try to forestall the black mark of having a “failure” and balance sheet write off that they would have to show the LPs (investors) in the next LP meeting. It got so bad that someone described it as “tying together two rocks and seeing if they will float.” Needless to say, most didn’t. So, this makes me wonder if we’re seeing the first signs of the bursting of the AI bubble which we all know we’re in the middle of. Maybe it’s legit and there is real “synergy” or whatever, but the fact that this is two companies within the same VC portfolio makes it suspect.