Builder.ai calls itself “an AI-managed composable software platform”, which allows anyone to produce web and mobile applications “at a fraction of traditional software development costs and time”. No/Low-Code Tech Startup, established and headquartered in London by Sachin Dev Duggal, a graduate in 2016, and headquartered in London, in 2023, in 2023, made waves to spark and invest a large interest from several high-profile conjugalmerates including Microsoft. At its height. A week ago, it was filed for bankruptcy.

“Despite the tireless efforts of our current team and discovery of every possible option, the business has been unable to overcome historical challenges and previous decisions, which stressed their financial situation,” Builder.ai posted from his official handle on professional networking website Linkedin. “Our immediate priority is to support our employees, customers and partners through this difficult time.”

AI was a major reason behind the fall of the builder.AI. The maximum coding work in companies (both large and small) goes to AI and does, possibly at the same speed or even fast, you can say that the writing was on the wall. One of its big backchers, Microsoft, has gone into records to record itself that about 30 percent of the company’s code was being written by AI at the time of writing. Redmond is firing software engineers in the left, right and center under the guise of improvement in efficiency and streamlined operation.

But you might be thinking, a company that AI was using to write a code well, before it became a hot viral sensation that it has become after major successes from Openi and Google today, will be prepared better – and more immunity for the changing technical landscape – not only to come out and face it, but also to show some flexibility. There was another side for the builder.

AI and her in-house virtual assistant, great song and dancing startup about Natasha, “To make an app so easy, anyone can do so” It was clearly outsourcing his job in an office in India, where 700 human engineers worked to write the code builder. “Everything was like real artificial intelligence – except that none of it was,” was written on X by Bernhard Angelbrect, the founder of Abern Finance, which was previously known as Twitter.

While the final products to maintain the “buggy, dysfunctional, and difficult”, the final products removed it, the Real Whistleblower Act came after one of its investors, Viola Credit seized a portion of its USD $ 50 million investment, even left more funding to the regulatory restrictions in India, and finally, without sufficient money to pay their employees and finally, a boom According to stop operations. Builder.AI was also allegedly involved in the “round-tripping” of the fund with the Indian social media startup verse in Bangalore, to increase sales figures, something that was then allegedly used to attract investment from other companies.

“We will work closely with the administrators appointed to ensure a systematic process and read all the available options for parts of the business, where possible,” reads the builder’s post.

The fall of Builder.ai is a caution story for today’s AI-First Startups: Hype can attract investors, but continuous practices and dependence on smoke-and-motors may not replace outsourcing actual technical innovation.