Builder.ai Files for Bankruptcy After Creditors Seize Accounts

Builder.ai is the largest AI company to collapse since ChatGPT’s launch started a global investment frenzy. 

Photographer: Stefani Reynolds/Bloomberg

Builder.ai filed for bankruptcy in the US after creditors seized most of the cash in the British startup’s bank accounts.

The company published a list of creditors in a chapter 7 case in a Delaware bankruptcy court, Builder.ai said in a filing dated June 2.