Is This $250M AI Company Fake?

Is This $250M AI Company Fake?

From The Breakdown by Blockworks

May 26, 2026 · 35 min

About this episode

The episode discusses the questionable legitimacy of the AI company Polsia and explores the high costs of AI compute among major tech firms.

Polsia (AI Slop spelled backwards) just announced a $30M raise at a $250M valuation with one human employee. David thinks it's less a company, more performance art. Plus: Uber, Microsoft and NVIDIA all admit AI compute is too expensive, and Tether is launching what looks like a CBDC with the government of Georgia. Enjoy! TIMESTAMPS: (00:00) Intro (01:28) Polsia (06:22) Nexo Ad (06:57) Polsia (Cont.) (16:10) Nexo Ad (17:04) Polsia (Cont.) (18:29) AI Compute Costs (27:15) Tether FOLLOW THE SHOW › David — https://x.com/dcanellis › The Breakdown — https://x.com/TheBreakdownBW SPONSORS › NEXO Nexo is the premier digital wealth platform. Receive interest on your crypto, borrow against it without selling, and trade a range of assets. Now available in the U.S with 30 days of exclusive privileges. Get started at http://nexo.com/breakdown Get top market insights and the latest in crypto news. Subscribe to the Blockworks Daily Newsletter: https://blockworks.co/newsletter/ DISCLAIMER As always, remember this podcast is for informational purposes only, and any views expressed by anyone on the show are solely their opinions, not financial advice.

People in this episode

Host: David

Topics covered

  • AI companies
  • investment
  • technology costs
  • cryptocurrency
  • performance art

Keywords

  • AI
  • Polsia
  • investment
  • Tether
  • Uber
  • Microsoft
  • NVIDIA
  • cryptocurrency
  • CBDC

Sponsors

Nexo

Mentioned in this episode

Organizations: Polsia, Uber, Microsoft, NVIDIA, Tether

Places: Georgia

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