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Only thing artificial about SF pair's AI startup was their business practices, prosecutors sayA San Francisco couple has been arrested after being indicted on 25 federal counts of fraud and other crimes relating to their artificial intelligence company, the U.S. Department of Justice said. The indictment against Alexander and Valerie Beckman alleges the pair committed wire and securities fraud,
The former CEO of chatbot company On, which raised $125 million from VCs and sports stars like Joe Montana is now being charged with wire fraud, along with his wife.
Alexander Beckman, 41, and his wife Valerie Lau Beckman, 38, of San Francisco, were arrested today in federal court on charges of bank and wire fraud in connection with AI services for the nation's major sports leagues and biggest team franchises.
An AI startup founder and his wife bilked investors out of $60 million using funds for personal expenses including two homes in Presidio Heights, one of San Francisco’s premier neighborhoods ...
How big is the AI boom? AI companies are leasing millions of square feet, enough to fill a modern San Francisco skyscraper several times over.
Here's what you need to know this week about artificial intelligence in the Bay Area: a San Francisco commercial real estate rally, two news licensing deals, OpenAI's new board member, funding rounds and more must-reads.
The founder of an artificial intelligence company based in San Francisco was arrested Thursday morning on charges connected to “years-long fraud schemes,” the U.S.
· 13h · on MSN
New bid for TikTok from Perplexity AI could give US government 50% stake
Perplexity AI proposes to merge with Tiktok, with US government getting half, source says
U.S. search engine startup Perplexity AI has revised the merger proposal it had submitted to TikTok's Chinese parent ByteDance to create a new entity combining Perplexity and TikTok U.S., a person familiar with the proposal told Reuters on Sunday.
· 3h
U.S. Government Could Own Half of TikTok’s U.S. Business Under New Plan
EliseAI, the leader in AI solutions for the real estate and healthcare industries, is proud to announce the opening of its office in San Francisco, California. This expansion marks a significant milestone in the company’s growth journey and underscores its dedication to building the most sophisticated AI products in the market.
This week's announcement by President Donald Trump of a massive private-sector investment to build more AI data centers casts a spotlight on a relatively small and nimble class of cloud computing firms positioned to play a bigger role in the tech sector.
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What Are AI ‘Agents’ For?It’s an early step for OpenAI into the vaguely defined category of AI “ agents ,” which are intended to carry out multi-step tasks on users’ behalf. Agents, and underlying agentic models, are the industry’s obsession of the moment,
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