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US FTC forces safety AI screening company Evolv to allow schools out of contracts

( November 26, 2024, 15:48 GMT | Official Statement) -- MLex Summary: The US Federal Trade Commission announced that it has reached a proposed settlement barring Evolv Technologies from making misrepresentations about its AI-powered technologies that claimed to detect weapons and allowing schools that entered into contracts with the company to opt out. Massachusetts-based Evolv made misrepresentations about the accuracy of its technology in schools, the agency's complaint alleges....

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