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CreateAI lays off 100 employees

CreateAI, formerly known as TuSimple, is closing its Guangzhou office and laying off about 100 employees as it prepares for dissolution and liquidation.

Employees were informed of the layoffs via email on Feb. 17.

This decision follows CreateAI’s shift from developing self-driving technology to focusing on video games and films in December 2024, amid internal disputes among its co-founders.

Employees have not received their January salaries, which were due on Feb. 10.

Employees have been offered compensation equivalent to less than a month’s salary, contingent upon signing departure agreements.

Recent CreateAI developments

Timeline
19-Feb-2025 🎮 GCL takes its game to Nasdaq – can it win over US investors?
  • GCL’s Nasdaq IPO values it at $1.2 billion.
  • Shares fell 70% on debut, closing at $3.05.
23-Jan-2025 🎮 CreateAI eyes redemption with high-stakes pivot
  • CreateAI pivots from self-driving to gaming content
  • CEO Cheng Lu aims for profitability by 2026
19-Dec-2024 🎮 TuSimple rebrands as CreateAI, pivots to genAI
  • TuSimple rebrands as CreateAI, shifts focus
  • Launches open-source AI model ‘Ruyi’ for animation

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