The back story behind the first "$1.8B" dollar "AI Company" (garymarcus.substack.com)

Gary Marcus argues that a New York Times viral story about a “$1.8B” solo “AI company” (Medvi) glossed over key context. He points to allegations including a recent California anti-spam class action claiming affiliate marketers used deceptive tactics, and highlights skepticism from prior commentary that the company’s claims may be overstated or tied to wider compliance and vendor issues. The post concludes that Medvi may be less a blueprint for AI entrepreneurship than a warning about how AI tools and systems can be abused.