India, June 25 -- Builder.ai billed itself as a no-code artificial intelligence platform, and in the end, the company seems to have taken the no-code part too seriously.

Once an AI unicorn, today, the Microsoft-backed startup (formerly known as Engineer.ai) has crashed and is going through insolvency proceedings in the US amid allegations of faking its AI tech and more.

Builder.ai is also being accused of inflating its revenue in order to lure investors, plus there have been allegations that the company simply used human workers to fill in for AI in its no-code platform.

In particular, Builder's business relationship with DailyHunt owner VerSe Innovations has come under scrutiny, following months of issues at a corporate governance lev...