Ex-CEO, ex-CFO of bankrupt AI company charged with fraud

Re:Ex-CEO, ex-CFO of bankrupt AI company charged with fraud by walrus01 on Sunday April 19, 2026 @07:47PM (#47828788)

Supermicro isn't an "AI company", it's a Taiwanese origin x86 server/industrial/embedded hardware manufacturer with roots that go back 30 years.

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Re:Ex-CEO, ex-CFO of bankrupt AI company charged with fraud by ethanwillis on Sunday April 19, 2026 @08:19PM (#47828959)

Unfortunately, in 2026 even shoe companies are "AI companies"

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Re:Ex-CEO, ex-CFO of bankrupt AI company charged with fraud by onemoresoop on Sunday April 19, 2026 @09:34PM (#47829387)

Half a decade ago they were all blockchain companies. Before that I don’t remember, what was the buzzword, big data?

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Re:Ex-CEO, ex-CFO of bankrupt AI company charged with fraud by jordanb on Sunday April 19, 2026 @09:49PM (#47829478)

Extremely briefly: metaverse. But yeah before that big data and SaaS had quite a run.

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Re:Ex-CEO, ex-CFO of bankrupt AI company charged with fraud by saghm on Sunday April 19, 2026 @10:14PM (#47829624)

"Cloud" for a bit too

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Re:Ex-CEO, ex-CFO of bankrupt AI company charged with fraud by Esophagus4 on Sunday April 19, 2026 @10:40PM (#47829786)

Some things will never change

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Re:Ex-CEO, ex-CFO of bankrupt AI company charged with fraud by vrganj on Sunday April 19, 2026 @08:24PM (#47828992)

We will never learn our lesson. Humanity just keeps repeating the same mistakes. Remember Long Island Ice Tea / Blockchain?

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Re:Ex-CEO, ex-CFO of bankrupt AI company charged with fraud by ares623 on Sunday April 19, 2026 @08:35PM (#47829060)

A sucker is born everyday

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Re:Ex-CEO, ex-CFO of bankrupt AI company charged with fraud by MarkusQ on Sunday April 19, 2026 @09:23PM (#47829325)

One a day? I think we're up to over 4 a second.

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