Wednesday, May 28, 2025

Well, you have to admit, he can make things disappear.


BREAKING: Microsoft-backed Builder.ai collapsed after an internal investigation found evidence of potentially bogus sales and the company revised down revenues to just a quarter of prior estimates. Latest on massive corporate scandal here from @alexandraheal.bsky.social and me on.ft.com/43IWili

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— Robert Smith (@bondhack.ft.com) May 22, 2025 at 8:12 AM


Unfortunately, the link to Smith's article no longer works, but Ed Zitron posted this excerpt. Along with Qatar, SoftBank was, of course, among the investors.

Gotta love that last line.









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