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Clearview AI, Inc. is an American facial recognition company, providing software primarily to law enforcement and other government agencies. [2] The company's algorithm matches faces to a database of more than 20 billion images collected from the Internet, including social media applications. [ 1 ]
Clearview AI received investments from Peter Thiel and Naval Ravikant totaling more than $200,000, which later converted into equity in the company. [12] Upon Clearview AI receiving cease-and-desist letters from Google, YouTube, Venmo and LinkedIn, Ton-That appeared on CBS This Morning for an interview with CBS News correspondent Errol Barnett ...
The stock price of the company, which helps businesses manage their customers, jumped 11%. Marvell Technology leaped even more after delivering better results than expected, up 23.2%.
That agreement still allowed Clearview to work with federal agencies and local law enforcement outside Illinois, which has a strict digital privacy law. Clearview does not admit any liability as part of the latest settlement agreement. Attorneys representing the company in the case did not immediately reply to email messages seeking comment Friday.
Google parent Alphabet will report earnings after the market close on Tuesday. Data due this week includes Q3 GDP and the October jobs report. Stock market today: Indexes gain as investors brace ...
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