Tech CEO promised AI but hired workers in the Philippines instead, FBI claims

6 months ago 7
concept art of artificial intelligence with man in suit with circuitry for head

The former CEO of fintech app Nate has been charged with fraud for making misleading claims about the app's artificial intelligence technology — or lack thereof.

In a bizarre twist from the usual AI narrative, the FBI alleges that this time human beings were doing the work of AI, and not the other way around.

According to a press release from th...

Source: https://mashable.com/article/fintech-app-nate-fraud-charges-artificial-intelligence

Read Entire Article

Disclaimer of liability !!!

NEWS.SP1.RO is an automatic news aggregator. In each article, taken over by NEWS.SP1.RO with maximum 500 characters from the original article, the source name and hyperlink to the source are specified.

The acquisition of information aims to promote and facilitate access to information, in compliance with intellectual property rights, in accordance with the terms and conditions of the source.

If you are the owner of the content and do not wish to publish your materials, please contact us by email at [email protected] and the content will be deleted as soon as possible.