#builderai

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Marketing tech
fromTNW | Deep-Tech
2 months ago

Builder.ai collapse exposes dangers of 'FOMO investing' in AI

Builder.ai's collapse underscores the hazards of FOMO investing in the tech sector, especially regarding inflated AI valuations.
London startup
fromSilicon Canals
2 months ago

UK's Builder.ai collapses: Microsoft-backed AI startup files for bankruptcy after revenue overstatement and lender action - Silicon Canals

Builder.ai, despite efforts to recover, has declared bankruptcy after a major creditor seized funds amid significant revenue misrepresentation.
Artificial intelligence
fromTheregister
2 months ago

Builder.ai coded itself into a corner - now it's bankrupt

Builder.ai's bankruptcy highlights the potential pitfalls in heavily relying on AI tools for coding, especially when human expertise is overshadowed.
fromComputerworld
2 months ago

Microsoft-backed no-code AI startup files for bankruptcy

Companies are collaborating to create AI solutions that simplify app development for businesses without technical expertise.
fromTechCrunch
2 months ago

Once worth over $1B, Microsoft-backed Builder.ai is running out of money | TechCrunch

Builder.ai is entering insolvency proceedings due to financial difficulties and leadership issues, despite significant previous funding.
The company aims to prioritize support for employees and partners during the insolvency process.
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