Startup torched $450 million on fake bots and now it’s skint

The wheels have finally come off Builder.ai, the British AI startup that was supposedly revolutionising no-code development and is now begging for bankruptcy protection across five countries.

Company vanishes in a puff of smoke

Sachin Dev Duggal [pictured] called himself the “chief wizard” of Builder.ai but now his spells have failed and the once-hyped unicorn has gone poof.