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    Tech founder charged with fraud for ‘AI’ that was secretly overseas contract workers

    Tech founder charged with fraud for ‘AI’ that was secretly overseas contract workers

    [ad_1] The US Department of Justice has indicted Albert Sangier for defrauding investors with misleading statements about his Nate financial technology platform. Founded by Sangier in 2018, Nate claimed it could offer shoppers a universal checkout app thanks to artificial intelligence. However, the indictment states that the so-called AI-powered transactions in Nate were actually completed…

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    Oatly shuts down Singapore plant, 59 workers including 25 from Yeo’s to be laid off

    Oatly shuts down Singapore plant, 59 workers including 25 from Yeo’s to be laid off

    [ad_1] Oatly, the Swedish oat milk firm, is closing its manufacturing plant in Singapore after evaluating its provide chain community within the area. This was the corporate’s first manufacturing facility in Asia, serving the APAC area. With this closure, the area might be served as a substitute by Oatly’s Europe amenities.  Moreover, the corporate additionally…

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