The Rise and Fall of Builder.ai: Lessons from AI Washing, Financial Mismanagement, and the GenAI App Development Market

Builder.ai, a UK-based startup once hailed as a near-unicorn with a $1.5 billion valuation, promised to revolutionize app development through artificial intelligence (AI). Its dramatic collapse into bankruptcy in May 2025 has sparked discussions about the perils of “AI washing,” Continue reading The Rise and Fall of Builder.ai: Lessons from AI Washing, Financial Mismanagement, and the GenAI App Development Market