UK AI unicorn Builder․ai is dead — the downfall of “AGI”: A Guy Instead

It scored $450 million in venture funding — mostly from Microsoft and the Qatar Investment Fund.

Anyway, Builder finally went broke yesterday, after years of interesting financial activities and a few minor accounting scandals, such as allegedly falsified sales figures and an auditor with conflicts of interest.

Sounds like somebody got rich in a dodgy way. Nearly half a billion dollars gone... somewhere.