UK AI unicorn Builder․ai is dead — the downfall of “AGI”: A Guy Instead
UK AI unicorn Builder․ai is dead — the downfall of “AGI”: A Guy Instead
pivot-to-ai.com UK AI unicorn Builder․ai is dead — the downfall of “AGI”: A Guy Instead
Builder.ai let you build a website or an app without coding — but with AI! Allegedly. Builder was the great hope of Artificial Intelligence for the UK. It scored $450 million in venture funding — m…
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It scored $450 million in venture funding — mostly from Microsoft and the Qatar Investment Fund.
Anyway, Builder finally went broke yesterday, after years of interesting financial activities and a few minor accounting scandals, such as allegedly falsified sales figures and an auditor with conflicts of interest.
Sounds like somebody got rich in a dodgy way. Nearly half a billion dollars gone... somewhere.