Financial Times:

Sources: Builder.ai collapsed after it revised its 2024 revenue estimate from $220M to ~$55M and restated its previously reported 2023 sales from $180M to ~$45M  —  Failed UK start-up revised down revenues to just a quarter of prior estimates  —  Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.

Financial Times:

Sources: Builder.ai collapsed after it revised its 2024 revenue estimate from $220M to ~$55M and restated its previously reported 2023 sales from $180M to ~$45M  —  Failed UK start-up revised down revenues to just a quarter of prior estimates  —  Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.

Source: TechMeme
Source Link: http://www.techmeme.com/250524/p3#a250524p3