A major revelation has exposed fraudulent practices under the guise of artificial intelligence (AI) at Builder.ai, a UK-based technology firm.
The company, which had over 700 Indian employees, has been accused of misleading investors and clients by falsely claiming the use of genuine AI technology.
Following the disclosure of these deceptive practices, investors began withdrawing their funds, which led the company into financial collapse. Microsoft was among the firms that had invested in Builder.ai.
It has also come to light that some Indian employees were allegedly willing to engage in unethical practices for minimal financial gain. Critics said that individuals from India have started misleading the global market in the name of AI.
