AI Graveyard
Where billion-dollar AI dreams go to die. Learn from their mistakes.
Total Shut Down
6
Companies that failed or were acqui-hired
Total Raised
$2360.0B
Capital destroyed or acqui-hired
Inflection AI
Foundation Models$1.5B raised† 2024What Happened
Entire team acquired by Microsoft
Lesson Learned
Even great teams with massive funding pivot when strategic landscape shifts.
Stability AI
Image Generation$101M raised† 2024What Happened
CEO resigned amid financial struggles
Lesson Learned
Open source moat is hard — without revenue even viral products collapse.
Adept AI
AI Agents$415M raised† 2024What Happened
Core team acqui-hired by Amazon
Lesson Learned
Agents were ahead of their time in 2022. Timing matters as much as technology.
Character.ai
Social AI$150M raised† 2024What Happened
Founders and team acquired by Google
Lesson Learned
Consumer AI faces safety challenges that slow growth.
Jasper AI
AI Writing$131M raised† 2023What Happened
ChatGPT commoditized the market overnight
Lesson Learned
Building on OpenAI API without differentiation is a race to zero.
Otter.ai
AI Transcription$63M raised† 2024What Happened
Zoom AI and Google Meet made it redundant
Lesson Learned
Platform risk is real — when Google adds a feature your startup dies.