The Missing AI In Builder.ai: How Microsoft Backed Unicorn Blew $450 Mn

Unicorn No More: Builder.ai’s Journey from $450 Mn Funding to Insolvency

The Unraveling of Builder.ai: From Unicorn Hype to Insolvency and Regulatory Scrutiny How Builder.ai’s Collapse Exposed Tech Illusions… The post Unicorn No More: Builder.ai’s Journey from $450 Mn Funding to Insolvency appeared first on IMP.NEWS.

The Missing AI In Builder.ai: How Microsoft Backed Unicorn Blew $450 Mn

Builder.ai billed itself as a no-code artificial intelligence platform, and in the end, the company seems to have taken the no-code part too seriously. Once an AI unicorn, today, the Microsoft-backed startup (formerly known as Engineer.ai) has crashed and is going through insolvency proceedings in the US amid allegations of faking its AI tech and more. Builder.ai is also being accused of inflating its revenue in order to lure investors, plus the…