Builder.ai Collapses After $1.3B Hype: AI Promise or PR Mirage?

Once hailed as a revolutionary low-code platform backed by Microsoft and QIA, Builder.ai promised to make app development as simple as ordering pizza. But behind the polished pitch lay a fragile reality — one driven more by human coders in India than by any real artificial intelligence. In May 2025, the billion-dollar startup filed for bankruptcy, raising urgent questions about “AI washing” in tech.

Source: FinancialExpress

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