Business News

Beware businesses claiming to use trailblazing technology. They might just be ‘AI washing’ to snare investors

Written by Angel Zhong, Associate Professor of Finance, RMIT University

Staying competitive in the finance sector is vital, with many companies moving quickly to adopt artificial intelligence (AI) to reduce costs and streamline operations.

But two companies recently came unstuck when the United States Securities and Exchange Commission (SEC) accused them of exaggerating their use of AI, marking...

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