The back story behind Medvi, the first "$1.8B" dollar "AI Company"

I'd seen this bubble up through various feeds over the past week and didn't think to do any due diligence on the claims myself. It was particularly rampant on LinkedIn as evidence of turning the corner on validating LLMs and layoffs - "Look what you can accomplish with two people!"

I've had this discussion with a few colleagues now around how it feels like the same snake-oily SEO "experts" that popped up years ago have switched the grift to "AI". It's scarier now since LLMs feel like even _more_ of a black box than SEO to a lot of people.