The filing followed a flurry of activity that saw creditors seize its accounts, the revelation that it may have been using engineers in India instead of AI, and a probe into how Builder.ais founder spent money leading up to its collapse. The collapse has sparked anger among Builder.ai’s investors, many of whom were stunned to learn of founder Sachin Dev Duggal’s multimillion dollar share sales in the months leading up to bankruptcy. Backed by investors including Microsoft and the Qatar...

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