{"id":958820,"date":"2025-09-02T11:03:36","date_gmt":"2025-09-02T05:33:36","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=958820"},"modified":"2025-09-02T11:03:36","modified_gmt":"2025-09-02T05:33:36","slug":"what-led-to-collapse-of-the-company-that-was-named-third-most-innovative-ai-company-after-google-and-openai-in-a-booming-ai-industry","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/09\/02\/what-led-to-collapse-of-the-company-that-was-named-third-most-innovative-ai-company-after-google-and-openai-in-a-booming-ai-industry\/","title":{"rendered":"What led to collapse of the company that was named third most innovative AI company, after Google and OpenAI, in a booming AI industry"},"content":{"rendered":"<p>The collapse of Builder.ai, according to Bloomberg, is a stark reminder of the ambiguity surrounding the term &#8220;artificial intelligence&#8221;. The tech world is in a frenzy, and attaching the AI label to a startup is a common, and sometimes deceptive, practice to attract funding. As one expert noted, &#8220;If you want funding, you just say a bunch of AI words\u2014\u2018machine learning\u2019 and \u2018large language models\u2019 and \u2018This is the future.\u2019&#8221; This has fueled a &#8220;fake AI&#8221; bubble, with the Securities and Exchange Commission (SEC) and other authorities taking action against fraudulent companies.<\/p>\n<p>The trend is also reflected in the booming use of the .ai domain name. Originally for the Caribbean island of Anguilla, it&#8217;s become a symbol for AI startups. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The collapse of Builder.ai, according to Bloomberg, is a stark reminder of the ambiguity surrounding the term &#8220;artificial intelligence&#8221;. The tech world is in a frenzy, and attaching the AI label to a startup is a common, and sometimes deceptive, practice to attract funding. As one expert noted, &#8220;If you want funding, you just say a bunch of AI words\u2014\u2018machine learning\u2019 and \u2018large language models\u2019 and \u2018This is the future.\u2019&#8221; This has fueled a &#8220;fake AI&#8221; bubble, with the Securities and Exchange Commission (SEC) and other authorities taking action against fraudulent companies. The trend is also reflected in the booming [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[87,4,11],"tags":[],"class_list":["post-958820","post","type-post","status-publish","format-standard","hentry","category-it-2-the-times-of-india","category-newspapers","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/958820","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=958820"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/958820\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=958820"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=958820"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=958820"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}