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Builder.ai Collapses: $1.5B 'AI' Startup Exposed as 'Indians'?

ibtimes.co.uk

11–20 of 283 posts

Re: Builder.ai Collapses: $1.5B 'AI' Startup Exposed as 'Indians'?

#11
post #8

Really weird considering how much AI is actually available now

Almost like it doesn't work as well as they market it as working?

Not all companies are equal.

At the same time that Tesla was making actual electric cars, Nikola was rolling fake "electric trucks" downhill.

Grifters exist, but not everyone is a grifter.

Re: Builder.ai Collapses: $1.5B 'AI' Startup Exposed as 'Indians'?

#13
post #6

I've read indications that this was always aimed at hybrid model rather than pure AI, but hard to tell now because all the news is on this indians train.

That makes more sense, would explain the unbelievable clickbait headlines (as usual).

Re: Builder.ai Collapses: $1.5B 'AI' Startup Exposed as 'Indians'?

#14
This is so weird, its not that hard to actually build an app builder. There are multiple open-source repos (bolt etc), they could have just paid their "AI engineer" to actually build an AI engineer.

Shameless plug, but we built (https://v1.slashml.com), in roughly 2 weeks. Granted its not as mature, but we don't have billions :)

Re: Builder.ai Collapses: $1.5B 'AI' Startup Exposed as 'Indians'?

#16
post #14

This is so weird, its not that hard to actually build an app builder. There are multiple open-source repos (bolt etc), they could have just paid their "AI engineer" to actually build an AI engineer. Shameless plug, but we built ( https://v1.slashml.com ), in roughly 2 weeks. Granted its not as mature, but we don't have billions :)

They launched in 2016

Re: Builder.ai Collapses: $1.5B 'AI' Startup Exposed as 'Indians'?

#20
post #11
post #8

Earlier quoted context omitted.

Almost like it doesn't work as well as they market it as working?

Not all companies are equal. At the same time that Tesla was making actual electric cars, Nikola was rolling fake "electric trucks" downhill. Grifters exist, but not everyone is a grifter.

Capitalism rewards dishonesty. Every company is a grifter to some degree. This is more widespread in technical service companies.
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