Pagaya investor seeks refund, claiming AI real estate fund wiped 80% of capital
Hacker NewsMay 8, 2026
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An investor in Pagaya is seeking a refund, alleging that an AI-driven real estate fund has resulted in an 80% loss of their capital. This situation raises concerns about the risks associated with AI investments in the real estate sector, particularly regarding the management and performance of such funds. The case highlights the need for transparency and accountability in AI-driven financial products.