Evolv Technology's AI Scanner Made False Claims on Its Capabilities, Now Settling Case With FTC
Multiple controversies have already been faced by Evolv Technology concerning their AI scanners that could allegedly detect all kinds of weapons, but several use cases served as examples that proved them wrong.
We recently compiled a list of the 15 AI News and Ratings Trending on Financial Media. In this article, we are going to take ...
In the proposed FTC settlement order, Evolv would be banned from making unsupported claims about its products’ ability to ...
November 29, 2024) - Grabar Law Office is investigating claims on behalf of Evolv Technologies Holdings, Inc. (NASDAQ: EVLV) after the Company announced its prior financial statements were materially ...
Evolv will hope the post-internal investigation clear-out assuages clients and shareholders’ concerns (and actually has an ...
Federal investigators in Manhattan are seeking records from Evolv Technologies, the controversial manufacturer of weapon ...
Cantor Fitzgerald says Evolv’s (EVLV) resolution with the Federal Trade Commission is a net positive for the business. There is no monetary ...
The security technology provider will pay a weekly $50,000 fee to AlixPartners in exchange for the services of its director ...
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The FTC alleged that Evolv’s Express scanners failed in several instances to detect weapons in schools while flagging ...
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