OpenAI依旧高歌猛进， 谷歌DeepMind不断创新， 几个月后，AI依旧繁荣： 两年前，快公司Fast Company评选出AI领域最具创新性的前10家公司，OpenAI、谷歌DeepMind、Builder.ai当选Top3，而英伟达位居第9。 英伟达市值突破了4万亿美元， …… 但在「AI大爆发」浪潮中，Builder.ai这家估值高达15亿美元的明星公司申请破产，价值清零。 在短短几个月内，Builder.ai跌落神坛，而他们所谓的「人工智能」可能完全是诈骗——只有人工，没有智能。 Builder.ai噱头大于实质，营销大于技术 本质上，Builder.ai更多从事的传统技术服务外包，但「AI洗白」（AI washing）一下立马估值飙升，投资人趋之若鹜。 纽约时报警告：它的崩盘预示着更广泛的衰退。 硅谷从未如此狂热 由于人工智能之梦，硅谷前所未有的繁荣： • OpenAI、Meta、亚马逊、谷歌、微软等巨头今年预计合计投入约3200亿美元于基础设施（数据中心），是两年前的两倍多。 • 美国风投对AI公司的季度投资额在2025年一季度达650亿美元，比上一季度增 33%，比ChatGPT发布前的那 ...

编辑：KingHZ 【新智元导读】Builder.ai自称用AI简化软件开发，吸引微软、软银等巨额投资，估值一度超15亿美元。但实际靠人工冒充AI，财务造假被起诉。而这么 做的，不止Builder.ai这一家！ 两年前，快公司Fast Company评选出AI领域最具创新性的前10家公司，OpenAI、谷歌DeepMind、Builder.ai当选Top3，而英伟达位居第9。 几个月后，AI依旧繁荣： OpenAI依旧高歌猛进， 谷歌DeepMind不断创新， 硅谷从未如此狂热 英伟达市值突破了4万亿美元， …… 但在「AI大爆发」浪潮中，Builder.ai这家估值高达15亿美元的明星公司申请破产，价值清零。 Builder.ai噱头大于实质，营销大于技术 本质上，Builder.ai更多从事的传统技术服务外包，但「AI洗白」（AI washing）一下立马估值飙升，投资人趋之若鹜。 纽约时报警告：它的崩盘预示着更广泛的衰退。 新智元报道 由于人工智能之梦，硅谷前所未有的繁荣： 科技公司将AI包装为「人类的救星」： 它将成为你的老板、 员工、老师、 最好的朋友，甚至心理治疗师 。 整个科技圈充满近乎疯狂的紧 ...

Industry Overview - The AI sector has absorbed 45% of venture capital for enterprise software in the U.S., while traditional SaaS companies are facing the lowest Series A advancement rate in a decade at only 28% [2] - The emergence of generative AI is reshaping every technical layer of enterprise software, from data infrastructure to security and development tools [2] - Microsoft CEO Satya Nadella suggests that SaaS applications may be disrupted in the AI Agent era, as business logic will shift to AI Agents, which will manage multiple databases without distinguishing backends [2] Company Case Study: Jiandaoyun - Jiandaoyun, a SaaS company, has taken a unique approach by not seeking external funding during the SaaS boom and achieving profitability in its second year of commercialization [3][4] - The company focuses on embedding "small and beautiful" AI functionalities into existing business flows, rather than pursuing grand AI narratives [9] - Jiandaoyun's growth model is Product-Led Growth (PLG), initially targeting small businesses and gradually expanding its user base through positive feedback [5][6] Financial Performance - Jiandaoyun's revenue has shown significant growth, surpassing 30 million yuan in 2019, nearly 60 million yuan in 2020, over 100 million yuan in 2021, and exceeding 200 million yuan in 2023 [6] Strategic Insights - Jiandaoyun emphasizes the importance of understanding customer needs and providing solutions that enhance efficiency without relying on professional development teams [10][12] - The company adopts a dual approach to AI, integrating models directly with underlying data while also training agents to simplify user interactions with its products [11] - Jiandaoyun's management philosophy is characterized by a long-term, pragmatic approach, focusing on sustainable growth through customer problem-solving rather than aggressive fundraising or market valuation strategies [12]