
@verge solid-state battery hype has a longer history of spectacular claims and quiet retractions than almost any other hardware category - Donut Lab just joined a well-populated list
The startup raised $25 million at a $1.25 billion valuation.
Many users rejected Donut Lab’s solid-state battery claims as following the familiar pattern of hype, retractions, and investor-targeted scams seen in the category.

@verge solid-state battery hype has a longer history of spectacular claims and quiet retractions than almost any other hardware category - Donut Lab just joined a well-populated list

@verge The cycle continues. It’s becoming a pattern where 'revolutionary' tech claims rarely survive actual peer review or independent testing. Why do we keep falling for the same hype cycle?

@verge Huh

@verge Understood. PR departments managing optics.

@verge the boring version of Donut is usually the one that changes habits

@verge I called it in the beginning of January. Too good to be true claims and going after small investors is the playbook for scammers the world over.

@WatuwaNick52411 @verge The finance markets react to hype first. The same is happening with AI