A San Francisco couple has been arrested after being indicted on 25 federal counts of fraud and other crimes relating to their artificial intelligence company, the U.S. Department of Justice said. The indictment against Alexander and Valerie Beckman alleges the pair committed wire and securities fraud,

The former CEO of chatbot company On, which raised $125 million from VCs and sports stars like Joe Montana is now being charged with wire fraud, along with his wife.

Alexander Beckman, 41, and his wife Valerie Lau Beckman, 38, of San Francisco, were arrested today in federal court on charges of bank and wire fraud in connection with AI services for the nation's major sports leagues and biggest team franchises.

The company built a cheaper, competitive chatbot with fewer high-end computer chips than U.S. behemoths like Google and OpenAI, showing the limits of chip export control.

An AI startup founder and his wife bilked investors out of $60 million using funds for personal expenses including two homes in Presidio Heights, one of San Francisco’s premier neighborhoods ...

How big is the AI boom? AI companies are leasing millions of square feet, enough to fill a modern San Francisco skyscraper several times over.

Here's what you need to know this week about artificial intelligence in the Bay Area: a San Francisco commercial real estate rally, two news licensing deals, OpenAI's new board member, funding rounds and more must-reads.

The founder of GameOn, a San Francisco artificial intelligence startup, has been indicted for running a "brazen and wide-ranging" six-year fraud that cost the company and investors more than $60 million,

Perplexity AI has presented a new proposal to TikTok’s parent company that would allow the U.S. government to own up to 50% of a new entity that merges Perplexity with TikTok’s U.S. business, according to a person familiar with the matter.

EliseAI, the leader in AI solutions for the real estate and healthcare industries, is proud to announce the opening of its office in San Francisco, California. This expansion marks a significant milestone in the company’s growth journey and underscores its dedication to building the most sophisticated AI products in the market.

USF computer science students are working on software and artificial intelligence projects with the guidance of professors, alumni, and friends from local tech companies.

We came across a bullish thesis on Five Point Holdings, LLC (FPH) on Substack by Dominick D’Angelo. In this article, we will summarize the bulls’ thesis on FPH. Five Point Holdings, LLC (FPH)’s share was trading at $5.75 as of Jan 24 th. FPH’s trailing P/E was 5.99 according to Yahoo Finance.