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AI Software Co. Hasn't Actually Developed AI, Suit Says

By Katryna Perera (February 22, 2024, 6:44 PM EST) -- Software and data engineering company Innodata Inc. has been hit with a proposed class action alleging its stock price dropped more than 30% after a financial research firm published a report saying its promised artificial intelligence technology is "smoke and mirrors" and that its marketing claims are like "putting lipstick on a pig."...

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