Clearview AI reaches ‘creative’ settlement with privacy suit plaintiffs: A conditional IOUBrandon Vigliaroloon June 14, 2024 at 19:30 The Register

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Biz too broke, class too big to settle now; agrees to pay in limited circumstances like an IPO, liquidation

Unable to afford a settlement with “virtually anyone in the United States whose face appears on the internet,” data-scraping facial recognition firm Clearview AI has decided that an IOU for a chunk of the company’s future value will have to do. …

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