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The nate app was not powered by advanced AI technology at all, but by human workers, according to the indictment.
The Justice Department has accused the former CEO of shopping startup Nate with fraud. Albert Saniger has been indicted and ...
Former Nate CEO charged with fraud for raising $40M by claiming AI-powered shopping when actually using Philippine workers to ...
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 ...
Albert Saniger, 35, the former CEO and founder of nate in 2018, who is from Barcelona, Spain, was indicted in the Southern District of New York for engaging in a scheme to allegedly defraud ...
Albert Saniger misled investors and the public about his shopping app Nate's AI capabilities, relying on human workers in the ...