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Indian-origin man's unicorn Builder.ai used 700 people for coding work it said was AI-powered
short by Ashley Paul / on Tuesday, 3 June, 2025
Builder.ai, Indian-origin Sachin Dev Duggal's now-bankrupt unicorn, used 700 Indian engineers for coding work which it claimed AI was doing "at a fraction of cost and time". Ebern Finance Founder Bernhard Engelbrecht claimed the final product "constantly glitched, code was unreadable, and functions didn't work". The Microsoft-backed startup got $445-million funds "with this scam's help", he added.
read more at CNBC-TV18