AI

The Builder.ai Collapse: A $1.5 Billion Lesson in Why Internal Audit Matters More Than Ever

The recent spectacular collapse of Builder.ai, once valued at $1.5 billion and backed by Microsoft, SoftBank, and other major investors, serves as a sobering reminder of what happens when organizations prioritize narrative over substance, and when robust internal controls take a backseat to growth at all costs. For

News Briefing

A Decade-Long AI Moratorium: Oversight in Limbo

Legislative Developments On June 26, 2025, the Senate prepared to vote on a provision embedded in the “One Big Beautiful Bill” that would ban states from enacting new AI regulations for ten years, tying compliance to federal funding streams including $500 million for AI and $42 billion for broadband. Critics