Former Yahoo CEO Marissa Meyer is closing the doors on her consumer software startup Sunshine, and is selling the company's assets to her new AI startup, Dazzle, Wired reported, citing an email sent to Sunshine's shareholders.

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Former Yahoo CEO Marissa Mayer is shutting down her consumer software startup Sunshine and transferring its assets to her new AI startup Dazzle, which aims to build an AI personal assistant. Sunshine, founded in 2018, struggled with low adoption for its contact management and event planning apps despite raising $20 million. All employees and most investors are moving to the new venture.

Marissa Mayer will close her old AI startup, sell assets to her new AI startup