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Ex-leaders of AI firm iLearningEngines charged with fraud

The former CEO and CFO of iLearningEngines, an artificial intelligence company, have been indicted on fraud charges. Prosecutors allege they misappropriated millions of dollars from the company for personal use. The company has since filed for bankruptcy. AI

RANK_REASON The news concerns legal charges against executives of an AI company, which falls under the 'tool' category as it's not a major industry move or frontier release.

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    Ex-CEO, ex-CFO of iLearningEngines charged with fraud