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AI-Labeling Shapes Up as New Battleground for SPACs and Regulators

AI-Labeling Shapes Up as New Battleground for SPACs and Regulators

SEC Chair Gary Gensler made waves with public remarks last week noting that the agency would be looking at potentially making enforcement actions against companies found to be “AI-washing” their descriptions of business operations, claiming to have an artificial intelligence angle where one does not exist. He did not connect this issue with SPACs directly,
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