Rabbit, an artificial intelligence (AI) company, has refuted some of the allegations made by YouTube investigator Stephen Findeisen, also known as “Coffeezilla.” The company stated that it has been transparent about its rebranding and shift towards AI.
On May 22, Findeisen accused Rabbit of being involved in a nonfungible token (NFT) scam and trying to conceal it. He pointed out that the company’s rebranding from Cyber Manufacture to Rabbit went unnoticed.
Findeisen also claimed that Jesse Lyu, the founder and CEO of Rabbit AI, made promises to the supporters of the Gama NFT project but failed to deliver. He criticized Rabbit’s new AI product, Rabbit R1, and labeled it as “overhyped,” comparing it to the alleged scam of the NFT project.
In response, a spokesperson for Rabbit denied the allegations and stated that Rabbit and the Gama project were separate ideas and ventures under the same company. They referred to a tech media article from 2023, where Rabbit previously disclosed its rebranding from Cyber Manufacturing.
The spokesperson also mentioned that the majority of Rabbit’s current employees joined the company after the rebranding, with over 80% joining in December 2023, a few months after the rebrand.
Regarding the Gama project, the spokesperson clarified that it had concluded before it was open-sourced. They emphasized that Lyu, as an entrepreneur, has been involved in various projects, including Gama. The spokesperson acknowledged that companies often pivot their focus.
In response to Findeisen’s criticism of the Rabbit R1, the company’s spokesperson stated that they receive daily feedback and use cases from users. They claimed that in the last thirty days, 10,000 users of the product have generated over 600,000 interactions. The company has released updates based on user feedback and is planning to launch new features.
In other news, a Hong Kong central bank is studying the impact of AI on banking jobs and skills. Additionally, a Hong Kong streaming firm is set to purchase $100 million worth of crypto, while Worldcoin faces sanctions.