TuSimple's rebrand to CreateAI signals a drastic shift from autonomous trucking towards AI animation and gaming, ignited by ongoing controversies and strategies to fund the new direction.
As part of the shift, TuSimple dismantled its U.S. self-driving truck operations, previously raising $1.35 billion in an IPO, but now faces shareholder backlash against the pivot.
Mo Chen, the co-founder, is under scrutiny for potential self-dealing as his affiliated animation and gaming firms play a significant role in CreateAI's business direction.
Despite not actively developing autonomous vehicles, the company looks to monetize its existing technology, indicating a complex transition from Trucking to AI-driven gaming.
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