The SEC is ramping up its US enforcement actions against companies that overhype artificial intelligence to investors. This crackdown, which began in March, is expected to intensify, signaling a shift towards stricter regulation in the AI industry. The increased scrutiny aims to address concerns over 'AI washing,' where companies exaggerate their AI capabilities to attract investment.
SEC Enforcement of 'AI Washing' May Just Be Getting Started https://t.co/bB48AR4P8Y | by @fenwickwest
A spate of recent US enforcement actions is likely just the beginning of a crackdown on companies overhyping artificial intelligence to investors. https://t.co/teDsWZkm6M via @markets
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๐"AI washing"> SECโs AI Crackdown Signals Trickle of Cases Will Turn to Flood A spate of recent US enforcement actions is likely just the beginning of a crackdown on companies overhyping artificial intelligence to investors. Since March, the Securities and Exchangeโฆ
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