Builder.ai Abandons AGI After Bankruptcy, Pivots to App Tools

Builder.ai: how it went from unicorn to bankruptcy

Founded in London in 2016 as Engineer.ai by Sachin Dev Duggal, Builder.ai aimed to make custom software development as simple as ordering a takeaway. The proposition was straightforward: a non-technical customer could describe an app or website they wanted, and Builder.ai’s platform would assemble it from pre-built feature blocks, with human oversight and AI guidance.

Builder.ai Abandons AGI After Bankruptcy, Pivots to App Tools

In the high-stakes world of artificial intelligence, where billions of dollars chase the elusive dream of artificial general intelligence (AGI), one prominent player has thrown in the towel. Builder.ai, once valued at over a billion dollars, has dramatically shifted course, abandoning its AGI ambitions amid financial turmoil and strategic reevaluation. This move underscores broader industry skepticism about the feasibility of AGI, as evidenced b…