India articles

builder

Builder.ai collapses after revelation that its "AI" was hundreds of engineers

Billion-dollar implosion exposes the perils of AI hype
Cutting corners: Builder.ai promised to revolutionize software development with artificial intelligence – and convinced deep-pocketed investors it had. Backed by Microsoft and valued at $1.5 billion, the startup masked manual labor as machine learning until the facade crumbled, leaving behind lawsuits, layoffs, and one of the industry's most embarrassing collapses.
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Apple iPhone exports from China to the US fall 76% as India output surges

India's iPhone exports rose 76%, matching China's decline
In brief: In news that comes as little surprise, Chinese exports of iPhones fell dramatically in April, while those from India increased by 76% year-over-year. It comes as Cupertino focuses more on India as a manufacturing point for its handsets amid the uncertainty of the China tariffs. However, Donald Trump recently threatened a 25% tariff on Apple if it doesn't start making iPhones entirely in the US.