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by fidotron 378 days ago
This is accurate, and what's impressive is how well this is scrubbed from the internet. For example: https://en.wikipedia.org/wiki/Element_AI

You'd have no idea about the fact most of the money came from the Quebec pension fund (which is then where the ServiceNow money went). For that you have to go to https://betakit.com/element-ai-announces-200-million-cad-ser... or https://www.cdpq.com/en/news/pressreleases/cdpq-expands-its-... Managing to spend $200M on AI in 2019 and having nothing to show for it in 2025. Quite impressive with hindsight.