Marissa Mayer Shuts Down AI Startup Sunshine After Seven Years, Pivots to New Company Dazzle
Summary
Former Yahoo CEO Marissa Mayer shuts down her struggling AI startup Sunshine after seven years of failed products and pivots to launch new company Dazzle, which will develop an AI personal assistant using Sunshine's sold assets.
Key Points
- Former Yahoo CEO Marissa Mayer shuts down her consumer AI startup Sunshine after seven rocky years and sells its assets to her newly incorporated company called Dazzle
- Sunshine struggled with two failed products - Sunshine Contacts app that faced privacy complaints in 2020 and photo sharing app Shine that launched in 2024
- 99 percent of shareholders approve the deal as Mayer pivots to develop a new AI personal assistant through Dazzle, with Sunshine's 15 employees expected to transition to the new company