#builderai — Public Fediverse posts

Corporate Deception Haunts AI Sector: Founder Faces Prison, Firm Collapses Amid Fraud Allegations

Sydney AI founder David Fairfull admits fraud. Builder.ai collapses, firing 1,000 employees amid securities fraud probe.

#AIFraud, #BuilderAI, #SydneyNews, #TechCollapse, #CorporateDeception

https://newsletter.tf/sydney-ai-founder-admits-fraud-builderai-collapses/

Sydney AI founder David Fairfull admitted to faking millions in revenue today. This comes as UK firm Builder.ai collapses, firing 1,000 employees.

#AIFraud, #BuilderAI, #SydneyNews, #TechCollapse, #CorporateDeception
https://newsletter.tf/sydney-ai-founder-admits-fraud-builderai-collapses/

Well, this is hilarious... #BuilderAI #AIBubble https://ia.acs.org.au/article/2025/the-company-whose--ai--was-actually-700-humans-in-india.html

New York Times: How This A.I. Company Collapsed Amid Silicon Valley’s Biggest Boom. This link goes to a gift article. “Two years ago, Fast Company magazine ranked Builder the third most innovative company in A.I., right behind OpenAI and Google’s DeepMind. Last winter, it all went south. Builder’s board discovered that sales had been significantly overstated. The chief executive resigned. […]

https://rbfirehose.com/2025/09/02/new-york-times-how-this-a-i-company-collapsed-amid-silicon-valleys-biggest-boom/

A.I. = Actually Indian engineers
Over 700 of them
https://youtu.be/TuAsFCcvWPg
Of course we won't ever fall for a #scam like this again right? Right?
#AIhype #BuilderAI #fraud

You probably saw the headlines that #builderAI was claiming to be an AI development platform, but was actually "700 engineers in India"?

That was fake news.

https://blog.pragmaticengineer.com/builder-ai-did-not-fake-ai/

Keep an eye out for misinformation, and check your sources!

🚨 Wielki tydzień w świecie AI - przegląd najważniejszych wydarzeń
Innowacje: Luma AI transformuje wideo zachowując spójność postaci. HeyGen i Captions tworzą ultra-realistyczne awatary. Sora dostępna gratis w Bing.
Czy to pęknięcie bańki czy dopiero początek prawdziwej rewolucji AI?
#AI #technology #BuilderAI #OpenAI #innovation #TechNews
https://dexterlab.dev/ai-news-video-hot/

700 inżynierów z Indii udawało chatboty – historia upadku Builder.ai

Builder.ai, startup z Londynu wspierany przez Microsoft i wyceniony na 1,5 miliarda dolarów, ogłosił bankructwo po ujawnieniu, że jego platforma „napędzana sztuczną inteligencją” była w rzeczywistości obsługiwana przez około 700 inżynierów z Indii udających chatboty. Sprawa ta jest obecnie określana jako jeden z największych przypadków tzw. „AI washing” w historii...

#WBiegu #AiWashing #BuilderAi #Indie #Inwestycje #Microsoft #Natasha #Scam

https://sekurak.pl/700-inzynierow-z-indii-udawalo-chatboty-historia-upadku-builder-ai/

The Neverending Story of AI and HIL. Sorry to appear so negative about AI (the inevitable, inescapable future of technological society) but it really is a cesspit of deceit and grifting.

#builderai #ai #GenAI #aigrift

https://80.lv/articles/builder-ai-s-ai-companion-natasha-was-actually-indian-workers-now-bankrupt

AI == Actual Indians #BuilderAI

https://youtu.be/Sd6F2pfKJmk

Hey 700EngineersFromIndia, write a poem about the means of production.

#BuilderAI #AI #LLM #IT #ChatGPT #Capitalism

Remember builder.ai? Which even claimed to partner with Microsoft?

It seems it was all fake ...

https://www.binance.com/en/square/post/24723372076545

#ai #scam #india #builderai

when #vibecoding turns out to be real programing lol https://www.binance.com/en/square/post/24723372076545
#builderAI

The Register: Builder.ai coded itself into a corner – now it’s bankrupt. “Backed by Microsoft, Qatar’s sovereign wealth fund, and a host of venture capitalists, Britain-based Builder.ai rose rapidly to near-unicorn status as the startup’s valuation approached $1 billion (£740 million). The London company’s business model was to leverage AI tools to allow customers to design and create […]

https://rbfirehose.com/2025/05/26/the-register-builder-ai-coded-itself-into-a-corner-now-its-bankrupt/

AI Ponzi Scheme:

"Microsoft-backed Builder.ai collapsed after an internal investigation found evidence of potentially bogus sales and the company revised down revenues to just a quarter of prior estimates.

Builder.ai, one of the UK’s best-funded technology start-ups that raised more than $500mn from prominent backers such as Qatar’s sovereign-wealth fund, informed employees earlier this week that it would commence insolvency proceedings after its lenders called a default.

Lenders stepped in after Builder.ai submitted provisional accounts to its auditor showing large reductions to prior revenue estimates, according to people familiar with the matter.

These figures showed that a prior $220mn estimate for 2024 revenues had been revised to around $55mn, while a previously reported 2023 total sales figure of $180mn would be restated to roughly $45mn, the people added."

https://www.ft.com/content/926f4969-fda7-4e78-b106-4888c8704bda

#AI #GenerativeAI #UK #StartUps #BuilderAI #Microsoft #AIBubble

Builder.ai Database Misconfiguration Exposes 1.29 TB of Unsecured Records – Source:hackread.com https://ciso2ciso.com/builder-ai-database-misconfiguration-exposes-1-29-tb-of-unsecured-records-sourcehackread-com/ #1CyberSecurityNewsPost #CyberSecurityNews #Misconfiguration #cybersecurity #BuilderAI #Hackread #security #privacy #Leaks #AI

Builder.ai Database Misconfiguration Exposes 1.29 TB of Unsecured Records https://hackread.com/builder-ai-database-misconfiguration-expose-tb-records/ #Misconfiguration #Cybersecurity #BuilderAI #Security #Privacy #Leaks #LEAKS #AI

I look forward to joining my friends at Builder.ai on Monday!

I look forward to jumping back in with the Rails stack while also coming up to speed on React.

I have always been passionate about building things with technology, and now I get to do it all day for clients all over the continent. To say I am excited is an understatement. Shout out to my fellow remote workers!

#react #technology #builderai #career #rails #ruby #rubyonrails

Here's a quick #intro.

I enjoy taking photos with my Sony Alpha 7.

I love curating modern indie roots, pop, and electronic artists for internet radio.

I've worked as a web developer for most of my life so I enjoy tinkering with #Ruby and #Python. I'm starting a new job in a few weeks as a #TechnicalArchitect for #BuilderAI. I love my wife and my kids and I'm always a fan of #indie projects and human ingenuity.

I truly believe that if we come together there is nothing we can't accomplish.