03:27 PM EDT, 03/31/2025 (MT Newswires) -- Microsoft (MSFT) and Qatar Investment Authority-backed Builder.ai lowered sales figures it shared with investors and hired auditors to investigate accounts for 2023 and 2024 after concerns around sales discrepancies, Bloomberg reported Monday, citing former employees.

The employees of the London-based artificial intelligence startup raised concerns of potential inflated sales, according to Bloomberg.

According to Builder.ai CEO Manpreet Ratia, the company slashed its H2 2024 revenue estimates by almost 25% after some sales channels "did not come through," the news outlet noted. In an interview, Ratia said discrepancies in the company's sales reporting could be due to the discounts offered.

The audit report, which is expected later in summer, will show everything, Ratia told Bloomberg.

In response to Bloomberg's query on whether Builder.ai is treating the discrepancies as a potential fraud, a company spokesperson said it has strengthened its internal policies and governance processes to ensure transparency at every level.

Builder.ai, Microsoft, and QIA didn't immediately respond to comment requests from MT Newswires.

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