Builder.ai was a buzzy artificial intelligence company with a media-savvy chief executive, prestigious investors, a partnership with Microsoft and a supposedly vibrant business making apps for small businesses. Here’s how it went from a $1.5 billion unicorn to bankruptcy in just a few months.
Doomer. My shoeshine boy's all in on AI.
Gonna be more of those.
Pets.ai
🫧
The AI wealth boom is a scam
Business plan, abridged: "Take the money and run!" 😄
Interesting
(It was fraud)
It’s the story of Builder.ai, an AI startup once valued at $1.5 billion with big-name backers and a Microsoft deal, collapsing into bankruptcy in months due to financial or operational missteps.