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The nate app was not powered by advanced AI technology at all, but by human workers, according to the indictment.
Albert Saniger, the founder and former CEO of Nate, an AI shopping app that promised a “universal” checkout experience, was ...
Albert Saniger raised $40 million for Nate, an e-commerce company that supposedly used AI to help people complete online ...
Saniger launched the Nate app in 2018. It promises to act as a universal shopping cart that simplifies online shopping by ...
Nate was an AI shopping app that promised to automate the checkout process. DOJ says workers in the Philippines completed ...
But one tech founder, Albert Saniger, is now in hot water after being charged with making false claims about his company’s ...
The founder of an AI-based tool for automating online shopping checkouts has been charged with defrauding investors over ...
Former Nate CEO charged with fraud for raising $40M by claiming AI-powered shopping when actually using Philippine workers to ...
The Justice Department has accused the former CEO of shopping startup Nate with fraud. Albert Saniger has been indicted and ...
Albert Saniger misled investors and the public about his shopping app Nate's AI capabilities, relying on human workers in the ...
Albert Saniger scammed investors with fake AI claims, secretly using call center workers to run his so-called "automated" Nate shopping app.
A fintech founder in the US has been charged with fraud after it was found that his artificial intelligence shopping app ...