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WSJ Tech News Briefing

Startup ‘Fake It’ Culture Isn’t an Excuse for Fraud, Says SEC

04 Oct 2024

Description

Regulators are sending a message to startups that “fake it till you make it” isn't an excuse for fraud. WSJ Pro Venture Capital reporter Marc Vartabedian joins host Zoe Thomas to discuss how the Securities and Exchange Commission is trying to crack down on startups misleading or defrauding investors. Plus, large AI models are trained on vast amounts of data but may still lack deep, industry-specific knowledge that companies need. Sign up for the WSJ's free Technology newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

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