Core Viewpoint - Builder.ai, a Microsoft-backed AI company once valued over $1 billion, has entered bankruptcy proceedings due to financial difficulties and management changes [1][2]. Group 1: Financial Status and Bankruptcy - Builder.ai has raised over $450 million but is now facing a cash shortage and has confirmed its bankruptcy status [1]. - The company has appointed a manager to oversee its affairs during this challenging period, emphasizing support for employees, customers, and partners [1]. - In March, it was reported that Builder.ai had lowered its expected revenue for the second half of 2024 by 25% [1]. Group 2: Management Changes and Allegations - The company has experienced significant management changes, including the appointment of a new CEO, Manpreet Lathia, in February [1]. - Builder.ai has hired an auditing firm to review its financial status, indicating potential irregularities behind the scenes [2]. - Former employees have accused the company of inflating sales figures by over 20% [2]. Group 3: Product and Market Position - Builder.ai, previously known as Engineer.ai, aimed to simplify app and website building through an automated platform, but reports suggest it heavily relies on human engineers [2].
速递|曾经融资4.5亿美元AI独角兽Builder.ai资金链断裂,启动破产程序
Z Potentials·2025-05-21 03:38