Builder Ai Collapse

[MisterF]

https://finance.yahoo.com/news/builder-ais-shocking-450m-fall-170009323.html

Builder.ai Collapsed After Finding Sales 'Inflated By 300 Percent'

Microsoft-backed start-up Builder.ai went into administration after a probe found potentially fraudulent sales to suspicious resellers

www.silicon.co.uk

 

[t2van]

I don't understand how they can put it down to FOMO when there's clearly something never been right from the start.

I always hate these kind of things because I can never figure out how the hell they pull it off.

Yes successful and established SMEs with an actual proven history can't lend a penny from the bank for growth

 

[Starblazer]

Freelancers are claiming AI-generated content as written by humans. These guys are claiming code written by humans as AI-generated. The world finds a balance somewhere.

 

[TheVigilante]

Stupid investors can't even do their due diligence

This is stupidity at its peak I mean common

 

[polecat]

Stupid investors can't even do their due diligence

This is stupidity at its peak I mean common

Saw what you want about my business at least I look a handsome man thanks for sharing my photo.

 

[Crazy Lucifer]

Isn't surprising at all given things like Theronos amd that Elizabeth lady con lol in the past.

 

[TheVigilante]

Isn't surprising at all given things like Theronos amd that Elizabeth lady con lol in the past.

No shortage of scammers out there