Fake AI Firm Raises $40 Million, CEO Busted, Faces Criminal Charges for Defrauding Investors

The US Department of Justice is pursuing criminal charges against Albert Saniger, the former CEO of nate, for allegedly defrauding investors out of $40 million. Nate was an artificial intelligence firm that claimed to have proprietary technology while employing real people to do the work…. Read More
Read more in: Politics, Legal & Regulation, Artificial Intelligence | Tagged albert saniger, doj, enforcement, fraud, nate