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https://dexterlab.dev/ai-news-video-hot/

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

Is this peak 2025 AI?

Builder.ai actually 700 engineers, no AI.

"Builder.ai, once touted as a revolutionary AI startup backed by Microsoft, has collapsed into insolvency after revelations that its flagship no-code development platform was powered not by artificial intelligence—but by 700 human engineers in India."

https://www.businesstoday.in/technology/news/story/700-indian-engineers-posed-as-ai-the-london-startup-that-took-microsoft-for-a-ride-478514-2025-05-31

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 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