Well, it's an India-based company. If you check LinkedIn, most of the employees are based in India.

The issue here is that many people think AI only means LLMs, Transformers, or GenAI. But AI has been around for decades and includes machine learning, deep learning, and neural networks.

So anyone using ML is free to register a .ai domain. There’s nothing wrong with that.

The problem would be if you told customers that your virtual assistant, in this case "Natasha", was creating the code instead of humans.

But that's not what happened here. The company went broke because it was reporting false sales figures.