Albert Saniger, the former CEO of Nate, Inc., is facing serious legal trouble after being accused of lying to investors about the company’s use of artificial intelligence (AI). Saniger, who founded ...

In a case roiling Silicon Valley and beyond, Albert Saniger, founder and former chief executive of shopping app Nate, has been indicted for defrauding investors through false representations about ...

US authorities allege the Nate app was not powered by artificial intelligence but actually overseas human workers who manually processed transactions. US authorities have charged a tech app founder ...

A fintech startup that raised $40 million based on the premise of its artificial intelligence capabilities was fueled by human labor, allegedly defrauding investors lured by the new technology of ...

The Justice Department has indicted the former CEO of a shopping app for claiming to use AI when orders were handled by humans in the Philippines and Romania The Justice Department has accused the ...

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 ...

You may have occasionally joked about how companies these days seem to be falling over themselves to launch something, anything, that has AI, even just a little bit, somewhere under the hood. That way ...