Taran Rampersad4d ago

...“$200 million log splitter,” O’Connor dryly enthused in the Instagram video.

🤣

https://futurism.com/robots-and-machines/ai-tractor-startup-founders

#ai #tractor

AI-Powered Tractor Startup Burns Through a Quarter Billion Dollars, Fires All Employees in Epic Implosion

Monarch Tractor, which promised to revolutionize farming with its AI-powered farming equipment, is now in ruins.

Futurism
Show threadRobert H

@knowprose

Someone will do a deep dive into #Monarch Tractor. They probably spent $10 M on tractors, the rest going to salaries and bonuses to folks who were happy to take a short ride.

See if Praveen Penmetsa has to sell his house. I doubt it.

Apr 4 at 1:08amWeb