Credit: Created on Dall-E 3, an artificial intelligence art generator, by Cassandre Coyer/ALM Wash, Fine, Repeat? SEC Enters Fray of Agencies Monitoring Companies' AI Use
The SEC issued its first two official charges against companies' "AI washing" practices on March 18, which sources expect to be "only the beginning."
March 21, 2024 at 05:31 PM
6 minute read
Securities Litigation
The original version of this story was published on Legal Tech News
The U.S. Securities and Exchange Commission warned against companies making bold, unfounded claims about their technological capabilities this past December. And it wasn't long before it started enforcing its cautionary message.
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