Investor Says Data Company Misrepresented Abilities Of AI Program

(February 26, 2024, 2:47 PM EST) -- NEWARK, N.J. — In a putative class complaint filed in a federal court in New Jersey, an investor says a data engineering company and certain of its executives misled him and other investors through claims about the supposedly innovative nature of its artificial intelligence model, after an industry analyst published a report claiming that the model was never viable....