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 ...

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 ...

What just happened? There's plenty of debate about the definition of AI, but one thing it certainly isn't is a group of humans working away in the Philippines and Romania. Albert Saniger, the founder ...

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 ...

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 ...

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 ...

Nate founder charged with fraud over 'AI' shopping app secretly powered by humans The founder of an AI-based tool for automating online shopping checkouts has been charged with defrauding investors ...