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New York Stop Addictive Feeds Exploitation (SAFE) for Kids Act and implementing rulesNew York's law restricting algorithmic feeds for minors takes effect on 25 January 2027 under final rules published in July 2026, with certified age assurance and $5,000-per-violation penalties.

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Home/AI Incident Database/Builder.ai collapses amid revelations that its "AI" relied on human engineers and its revenues were inflated

Builder.ai collapses amid revelations that its "AI" relied on human engineers and its revenues were inflated

Once valued at over $1 billion, Builder.ai collapsed after lenders seized funds and reports alleged its AI-built apps were largely hand-coded and its sales figures inflated.

Severity: Highbuilder.aiai washinginsolvency

Sources

ft.comhttps://www.ft.com/content/8de6ecba-c9b3-4ab6-8bb8-5f9ed7d4e4a0

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