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flag Builder.ai, a once-billion-dollar AI startup, files for bankruptcy after a creditor seized its funds.

flag Builder.ai, a once-billion-dollar AI startup backed by Microsoft and Qatar Investment Authority, is filing for bankruptcy after a major creditor seized most of its cash. flag The company, operating in five jurisdictions, will let go of most employees and is facing scrutiny over its accounting practices and lowered revenue projections. flag This collapse highlights the risks in investing in AI startups.

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