A former AI founder is set to face criminal charges after it was found that his supposed artificial intelligence platform was powered by human operators.Albert Saniger, the former chief executive of e-commerce startup “nate” is facing securities fraud and wire fraud charges after it was alleged he sold his investors on an AI-powered online shopping … Read more
Brown, Goldstein & Levy joined over 500 law firms in an amicus brief in support of Perkins Coie, which has filed a lawsuit challenging the President’s March 6 Executive Order “Addressing Risks from Perkins Coie LLP.” The Executive Order directs executive-branch officials to take numerous actions negatively targeting Perkins Coie and its personnel, including stripping … Read more
Shenzhen Dobot said on Tuesday it would price its latest Optimus-style humanoid model at 199,000 yuan (US$27,500), which sparked hopes for imminent mass production and drove the company’s shares up nearly 28 per cent. Dobot, known for manufacturing robotic arms for industrial applications, unveiled its Dobot Atom last week, calling it the world’s first humanoid … Read more
Venture capital company Insight Partners on Feb. 18 confirmed that the firm experienced a cyber incident caused by an unspecified social-engineering attack.The case raised some eyebrows in the cybersecurity community especially since Insight Partners’ portfolio includes some big names in the security industry such as Abnormal Security, Checkmarx, Cylance, Island, JFrog, Mimecast, Recorded Future, SentinelOne, … Read more
Influential proxy advisory firm Institutional Shareholder Services recommended on Friday that Apple investors vote against a proposal to consider eliminating the iPhone maker’s diversity, equity and inclusion policies. Apple’s disclosures offer shareholders sufficient information about its DEI policies and there have been no controversies or signs of discrimination against employee groups, ISS said. The company’s … Read more