AI start-up Builder.ai, with operations in Singapore, to file for bankruptcy
#1

AI start-up Builder.ai, with operations in Singapore, to file for bankruptcy | The Straits Times
https://www.straitstimes.com/business/co...bankruptcy
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#2

All these empty shell companies based on gossips and rumors riding on the AI wagon scamming people's money?
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#3

It is not an AI company but a company with a group of programmers pretending to be AI.

https://80.lv/articles/builder-ai-s-ai-c...w-bankrupt
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#4

More info here: https://www.financialexpress.com/busines...k/3854944/
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#5

"Established in 2016, Builder.ai offers a platform for businesses to create custom smartphone apps while requiring little or no coding, allowing a faster turnaround than traditional outsourcing of software projects. BLOOMBERG"

There're already several existing platforms for creating smartphone apps, why need this one
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#6

"What customers didn’t see: most of the work was being done by developers in India, not the AI. In 2019, The Wall Street Journal revealed the inconvenient truth: Builder.ai’s AI was more marketing gimmick than an engineering breakthrough. It was, as the report put it, “all engineer, no AI.” This gap between narrative and reality would define the company’s arc."

For AI development, get ahtiongs better lah. 老老实实,no cheating
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#7

Ah san aren't gd in AI lah. They only know coding which will soon be replaced by gpt
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#8

India's notorious reputation again?
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#9

(31-05-2025, 09:48 AM)Levin Wrote:  More info here: https://www.financialexpress.com/busines...k/3854944/



velly gooooooooooooooooood ahhhhhhhhhhhhh..................a few CECAs going home...............what NOT to like ?  nudie
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#10

(31-05-2025, 09:54 AM)WhatDoYouThink! Wrote:  "What customers didn’t see: most of the work was being done by developers in India, not the AI. In 2019, The Wall Street Journal revealed the inconvenient truth: Builder.ai’s AI was more marketing gimmick than an engineering breakthrough. It was, as the report put it, “all engineer, no AI.” This gap between narrative and reality would define the company’s arc."

For AI development, get ahtiongs better lah. 老老实实,no cheating

No lie no lie 
.ai refers to at India not artificial intelligence
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#11

India only accounts for 0.37% of global AI patents granted, lagging far behind China at 70% and the US at 14%.
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#12

(31-05-2025, 11:49 AM)WhatDoYouThink! Wrote:  India only accounts for 0.37% of global AI patents granted, lagging far behind China at 70% and the US at 14%.


ktvu.com › news › foreign-born-workers-now-two-third-south-bay-tech-workforce-study
Foreign-born workers now make up large majority in Silicon Valley ...
Mar 12, 2025Research by a South Bay think tank finds the percentage of foreign-born workers in Silicon Valley is now two-thirds of the total. Experts say this reflects the continuation of a 30 year trend.

peak at D T first year , 
americanbazaaronline.com › 2016 › 02 › 12 › 74-of-all-silicon-valley-young-workers-in-computer-mathematics-fields-are-foreign-born
74% of all Silicon Valley young workers in computer, mathematics fields ...
An astounding nearly 74% of all Silicon Valley-employed computer and mathematical workers ages 25-44 in 2014 were foreign-born, according to the 2016 Silicon Valley Index released by Joint Venture ...

down 8% since 2016
so cannot look down India potential

https://www.founderjar.com/artificial-in...-in-india/
still have  14 
no.2 that is down
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#13

AI = Actually Indians

.
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#14

Did Singapore invest in this ah neh start up?
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#15

(31-05-2025, 02:57 PM)winbig Wrote:  Did Singapore invest in this ah neh start up?

Main investors from US (Microsoft, Insight Partners) and Qatar (Qatar Investment Authority).
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#16

[Image: Screenshot-20250531-173313-Chrome.jpg]

Ai investors shd refer to this list before making decisions
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