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Investors defend US claims against Innodata in case over ‘AI washing’

( April 21, 2025, 22:31 GMT | Official Statement) -- MLex Summary: Plaintiffs opposed Innodata’s motion to dismiss amended US claims accusing the company of deceiving investors about how much it was investing in AI-enabled software. “[N]owhere do defendants dispute the complaint’s core allegations — that Innodata did not develop its own proprietary AI technology — nor do they point to any facts supporting such a contention, i.e., that Innodata did develop its own AI. Nor is the complaint “puzzle pleading.” It clearly specifies each alleged false statement and explains why those statements were false — “Innodata did not develop its own AI,” they said.See attached. ...

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