CEO Of Artificial Intelligence Startup Company Charged With …
Nov 19, 2024 · For example, in the spring of 2021, SMITH-GRIFFIN told potential AllHere investors that AllHere had generated approximately $3.7 million in revenue in 2020, had approximately $2.5 million in cash on hand, and had major school district customers like the New York City Department of Education ("NYC DOE") and Atlanta Public Schools.
Feds Charge Once-Lauded AllHere AI Founder in $10M Scheme …
6 days ago · Updated, Nov. 20 Federal prosecutors have indicted the founder and former CEO of the once-celebrated education technology company AllHere, accusing her of defrauding investors of nearly $10 ...
Founder of artificial intelligence company used by schools in Los ...
Nov 19, 2024 · She founded ALLHere Education Inc., an artificial intelligence technology company that created “Ed” the chatbot. The Los Angeles Unified School District was among those that used the product for a time before shutting it down, citing the financial collapse of Smith-Griffin’s company.
DOJ: Raleigh woman accused of bilking investors of millions spent …
Nov 19, 2024 · In reality, AllHere made only $11,000 that year and had around $500,000 on hand. Furthermore, Smith-Griffin informed early investors her startup had contracts with the New York City Department of ...
Raleigh NC woman arrested for defrauding investors in AI startup ...
Nov 19, 2024 · U.S. prosecutors indicted Joanna Smith-Griffin of Raleigh for securities fraud, wire fraud, and aggravated identity theft, alleging she bilked investors out of millions of dollars through her...
Start-Up Founder Who Sold A.I. Chatbot to Schools Is Charged …
6 days ago · In the years that followed, Ms. Smith-Griffin, 33, misrepresented AllHere’s revenue and customer base to fraudulently raise almost $10 million in funds, according to the indictment.
Federal prosecutors have charged another Forbes 30 Under 30 …
6 days ago · The FBI unsealed an indictment yesterday that alleges Joanna Smith-Griffin, founder of the AI startup AllHere Education, engaged in “securities fraud, wire fraud, and aggravated identity...
Feds Zero in on Maker of LAUSD’s Failed AI Chatbot, Hint at …
Oct 1, 2024 · Federal prosecutors have subpoenaed documents from the bankruptcy of failed education technology company AllHere, a once-lauded startup that boasted $12 million in venture capital and a $6 million contract with Los Angeles schools to build a buzzy AI chatbot.
L.A. Unified shelves new AI chatbot after startup firm collapses
Jul 3, 2024 · AllHere had a contract with L.A. Unified for up to $6 million to see the project through over five years — and has been paid about half of it, the district said in a statement.
A.I. Chatbot for Los Angeles Schools Falls Flat - The New York Times
Jul 1, 2024 · Los Angeles agreed to pay a start-up company, AllHere, up to $6 million to develop Ed, a small part of the district’s $18 billion annual budget.