Tony Stark and Bruce Banner originally devised the idea for Ultron as an extension of the Iron Legion, operating independently as a peacekeeping force. They didn’t have the adequate level of A.I to archive that purpose on a large scale. However, later on in the movie they recover Loki’s Scepter and they discover a net of neurons hidden inside the gem which could then help them bring about their Ultron system. This backfired when Ultron supposedly killed J.A.R.V.I.S, got the nuclear launch codes and escaped via the internet before the avengers destroyed his body.
After Ultron’s encounter with the Avengers, he built himself a new robot body in a Sokovia research base, the body that we see for the most part of the movie.
Ultron, soon after, recruits Wanda Maximoff and her twin brother Pietro Maximoff, who both have beef with (disdain for) Tony Stark, because Tony is the chairman of Stark Industries which is a company that manufactured weapons of mass destruction that killed their parents in an explosion. Moments later, Ultron gets vibranium from Ulysses Klaue (the character portrayed by Andy Serkis). Then in South Korea, Ultron coerced a doctor called Helen Cho to use her expertise with cellular regeneration, and her regeneration cradle, to build himself a powerful synthetic body using vibranium that they acquired. When Ultron was in the middle of the process of transferring his mind into the new body with the help of the Mind Stone found in the Scepter, Wanda was able discover that Ultron was planning to destroy all of humankind not just taking out the Avengers, prompting her to cancel Dr. Cho’s mind control. The scientist, released from the mind control, then overrode the transfer, causing Ultron to lash out at her in return.
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After losing the Maximoff twins, the avengers then battle Ultron and steal the synthetic body from him. Tony Stark then discovered that J.A.R.V.I.S was alive, hiding from Ultron on the internet and that J.A.R.V.I.S was the one who was changing nuclear launch codes to prevent Ultron from launching nukes. “The Vision,” Ultron’s body which had been recovered by the Avengers and was then reconfigured with J.A.R.V.I.S. in the mainframe after a brief fight amongst the Avengers. Vision earned the avengers trust by being able to lift Thor’s hammer the Mjolnir (this was confirmation that Vision is benevolent). Ultron devised to use the remaining vibranium to build a machine that will lift a large part of the capital city skyward, intending to crash it into the ground to cause global extinction (like an asteroid impact).
At the end, Ultron confronted the avengers with an army of robots that were all carrying Ultron’s mind and the final battle soon began. Vision confronted Ultron and was able to cut him off from the Internet. However, all his robots were destroyed in battle and, in particular, the last robot carrying Ultron’s mind was destroyed by Vision. The end of Ultron.