Get the latest tech news
Clearview AI Used Your Face. Now You May Get a Stake in the Company.
A facial recognition start-up, accused of invasion of privacy in a class-action lawsuit, has agreed to a settlement, with a twist: Rather than cash payments, it would give a 23 percent stake in the company to Americans whose faces are in its database. From a report: Clearview AI, which is based in N...
A facial recognition start-up, accused of invasion of privacy in a class-action lawsuit, has agreed to a settlement, with a twist: Rather than cash payments, it would give a 23 percent stake in the company to Americans whose faces are in its database. The company and those who sued it were "trapped together on a sinking ship," lawyers for the plaintiffs wrote in a court filing proposing the settlement. The settlement would collectively give the members a 23 percent stake in Clearview AI, which is valued at $225 million, according to court filings.
Or read this on Slashdot