AI Startup CEO Faces up to 20 Years for Fraud
In 2021, while seeking an investment for his tech company, startup founder and CEO Michael Brackett is alleged to have made a startling choice. Brackett’s company, Centricity, was ostensibly on the cutting edge of machine-based learning. Centricity boasted a proprietary AI technology which could analyze consumer preferences and predict product demand, a crucial innovation in manufacturing and retail stocking. Centricity claimed that the firm sold its resulting marketing data to more than a...