Kevin BeaumontMay 20
Another one bites the dust https://www.ft.com/content/9fdb4e2b-93ea-436d-92e5-fa76ee786caa
Microsoft-backed UK tech unicorn Builder.ai collapses into insolvency

Once high-flying group founded by Sachin Dev Duggal says its was unable to recover from ‘past decisions’

Financial Times
Show threadKevin BeaumontMay 20

The builder.ai story is wild. Microsoft put almost half a billion dollars into them (and lost it all). Everything crumbled when the Financial Times did a tiny amount of research on them, and realised their accounts were signed off a friend of the CEO. As soon as they hired a real auditor, they collapsed.

https://sifted.eu/articles/builder-ai-auditor-founder-news

Show threadAlastair TempleMay 20
@GossiTheDog doesn't say much for Microsoft's ability to do some basic due diligence or their judgement regarding AI... much to no ones surprise I am sure.
Show threadTim Lavoie
@smilingdemon @GossiTheDog "We asked Copilot if it seemed OK, said it was all cool."
May 25 at 7:56amWeb
Show threadAlastair TempleMay 25
@tim_lavoie @GossiTheDog given what Nadella says about his personal AI use...