The Fall of Babylon Is a Warning for AI Unicorns
https://www.wired.co.uk/article/babylon-health-warning-ai-unicorns
Babylon shareholders wiped out as healthtech agrees to delist
https://sifted.eu/articles/babylon-shareholders-stakes-wiped-news
I think the right word is 'Ouch' here. Not enough plaster in the building to cover this wound for investors.
I will be curious to see the fallout effects of this on the appetite for investment in the healthtech space. Bad, bad burns.
https://sifted.eu/articles/babylon-shareholders-stakes-wiped-news