Month: October 2025

BusinessStartups

Former Builder.ai Finance Chief Subpoenaed in US Fraud Investigation

The former CFO of Builder.ai has been subpoenaed by US prosecutors investigating the startup’s collapse. Authorities are examining allegations of inflated revenues and questionable accounting practices at the once-valued $1 billion company.

Builder.ai’s Former CFO Subpoenaed in Federal Investigation

Former Builder.ai chief financial officer Andres Elizondo has been subpoenaed by US prosecutors as authorities investigate the circumstances surrounding the collapse of the Microsoft-backed startup, according to reports from the Financial Times. The subpoena reportedly requests Elizondo appear before a grand jury in a Manhattan court for questioning in September.

by Oliver Keaton
StartupsTechnology

LightBox Expo Champions Human Creativity Amid AI Industry Disruption

The LightBox Expo in Pasadena brings together thousands of visual artists and industry professionals for what organizers call the country’s largest celebration of human-driven creativity. This year’s event takes a firm stance against AI-generated art while providing educational opportunities for artists navigating industry challenges.

Major Art Convention Emphasizes Human Creativity

As concerns about artificial intelligence continue to grow within creative fields, over 15,000 artists, students, and fans are reportedly gathering in Pasadena, California for LightBox Expo, described by organizers as the country’s largest celebration of human-made commercial art. According to reports, the event running October 24-26 at the Pasadena Convention Center features hundreds of industry professionals from major studios including Disney, Pixar, Netflix, and Warner Bros.

by Oliver Keaton
AutomobilityBusiness

Electric Vehicle Market Shows Record Growth Amid Industry Concerns Over Profitability

Electric vehicle sales reached unprecedented levels globally with US purchases jumping 40% in the latest quarter. Despite record adoption, industry leaders voice concerns about profitability and regulatory adjustments in key markets.

Record-Breaking Electric Vehicle Sales Defy Market Concerns

Electric vehicle sales in the United States reportedly surged to unprecedented levels between July and September, with Americans purchasing more than 430,000 EVs according to recent industry analysis. This represents a substantial 40% increase from the previous quarter, which sources indicate was driven by consumers racing to qualify for federal tax credits before potential expiration.

by Darren Holt