Microsoft’s Costly Oversight: The Collapse of Builder.ai
The article examines how Microsoft became entangled in the collapse of Builder.ai, a startup that falsely marketed itself as AI-driven while relying on human coders. Although Microsoft did not invest the full $450 million, it joined a major funding round in 2023, failing to detect critical red flags. These included inflated revenues through fake reseller contracts (especially in the Middle East), leadership ties to criminal investigations, and the absence of true AI technology.… Read more