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What does ‘AI Washing’ mean? Firms Fined $400K by SEC for Exaggerated Statements
Cyber Security News cybersecuritynews.com
The Securities and Exchange Commission (SEC) has fined two investment advisers, Delphia (USA) Inc. and Global Predictions Inc., $400,000 for making false and misleading claims about their use of artificial intelligence (AI). This action underscores the regulatory body’s commitment to ensuring transparency and honesty in the burgeoning field of AI in finance. Here’s a closer […]
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