Y Combinator is being criticized after it backed an AI startup that admits it basically cloned another AI startup

Quick Summary:

On Hacker News, the site for programmers owned by YC, a commenter wrote that the debacle “says more about YC than this particular founder (lots of these types nowadays): i.e.their process, their due diligence.” Another wrote, “Is it typical for VC to just throw money at projects without any sort of oversight/auditing of, oh jeez, IDK, Licensing/Legal issues?

It’s been quite the year for game industry exec Pany Haritatos.  Last month, he quietly closed an oversubscribed $28 million from Netflix, Dell a16z, and others.

PearAI did say in some of its materials that the project was a clone (also known as a fork) of Continue as well as the original project that Continued used, VSCode.

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Article Details

Author / Journalist: Julie Bort

Category: Technology

Markets: United StatesGermany

Topics: Y Combinator Open source AI Startups AI editing

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-01 @ 00:13:50 (15 hours ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 1390 words

Reading Time: 8 minutes read

Sentences: 68 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 22818160

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