Builder AI Bankrupt, what did you Learn?

Builder AI Bankrupt, what did you Learn?

A week ago Builder AI collapsed. One second before it collapsed it was worth roughly 1 billion dollars, they were backed by Microsoft, and had oil money from Qatar. Notice, AINIRO doesn't have Sheik money, we're not backed by Microsoft, and even if we're technically worth maybe a billion dollars, we've got no ideas to ever test our evaluation with neither VC money nor by doing an IPO.

Interestingly, if a big enterprise type of lead had been confronted with the choice of using either Builder AI or AINIRO a couple of weeks ago, many would have chosen Builder AI, because it's "the more safe bet". I'm here to tell you there's nothing "safe" about choosing over evaluated Silicon Valley-based companies and startups, burning other people's money as if it was BBQ season, while being hailed by industry leaders as "the future of work".

(Hmm, where have I heard that expression "the future of work" before ...?)

AINIRO == Thomas Hansen

This is difficult for some to believe in, but AINIRO and our entire platform has been entirely built by one human being, me that is. Sure, I've had some help from Barnabas and others in some parts of the code, but 99.8% of the codebase is literally built by a single human being - Me that is ...

Some of our leads perceives the above as a disadvantage, and ask questions such as "what would we do if you're incapacitated", etc. But that's turning the problem upside down. Facts are, the chances of AINIRO no longer being able to deliver services is close to zero compared to most AI startups these days. First of all, we're profitable. Companies like Builder AI don't go bankrupt because of bad tech or changes in requirements, they go bankrupt because they run out of cash. And when you're throwing cash down the toilet at a pace of millions of dollars per week, the end game becomes inevitable. To make sure you understand the difference here, let me emphasise it a bit ...

AINIRO IS PROFITABLE!!

This implies that at our current revenue and spending ratio, we can literally go on until the heath death of the natural universe in theory, scheduled to occur in some 200,000 trillion years from now or something. To put the difference into perspective, let me tell you what we do not have to do to continue operating ...

  1. We don't need cash to run our business. In fact, we don't want cash, because it dilutes my ability to exercise my executive rights as its sole owner. And since most VCs are mentally retarded, that's kind of a really big deal for me!
  2. We don't need to chase the latest whims from our VC funders or share holders, because we have none. And that's the way it stays for at least as long as I can predict the future myself. I personally own 100% of every share in AINIRO, and that's the way it stays!
  3. I don't need to explain myself in front of retarded share holders 4 times per year, who's got no ideas what so ever about how to build a profitable software company, because they made all their money on NFTs or other pyramid scams!

I could go on and list some additional 400,000 benefits, but I assume you can see where this is going ...

Magic is Open Source

OK, so then there's one more argument / obstacle I presume that could be of risk to you, which is as follows; "What do we do if you can for some reasons not support us, because of being sick, dead, or having finally gone completely insane, incapable of understanding code." At which point my answer would be as follows ...

MAGIC IS OPEN SOURCE!!

Implying that if I leave you hanging, you can fork my stuff, hire somebody else to install and maintain it, and move onwards without me. This is your right, and you can download or clone Magic here, and in fact, on a good day we've got around 20 people doing this. This becomes your guarantee in case something should happen to me.

This implies that AINIRO at the end of the day is roughly 100,000 times more safe than 99.99% of every single alternative that's out there, and in fact, the risk associated with choosing AINIRO is roughly zero!

Still, I've got no doubts in my mind that also the next guy we speak to will ask the same question, as in ...

What should we do if you're incapacitated?

Asking such questions is important, but the paradox is that most people tend to ask these questions to the wrong vendor. You shouldn't be asking me this question, you should be asking everybody else this question ...

... because at AINIRO there is no risk! Period!!

And if your current vendor resembles the "chef" from the above image, maybe you should reconsider your AI service providers ...?

Have a Custom AI Solution

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Thomas Hansen

Thomas Hansen I am the CEO and Founder of AINIRO.IO, Ltd. I am a software developer with more than 25 years of experience. I write about Machine Learning, AI, and how to help organizations adopt said technologies. You can follow me on LinkedIn if you want to read more of what I write.

Published 22. May 2025

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